Subhash Chandra debt case explained: How Rs 22,006 crore of claims led to a Rs 6.25-crore repayment plan

The plan implies a recovery of about 0.03% of the admitted claims and a haircut of nearly 99.97%. However, the figure does not mean that Chandra personally borrowed Rs 22,006 crore or that the entire underlying corporate debt has been extinguished.

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