Did ₹22,000 Crore Just Disappear ? The Subhash Chandra Insolvency Story

The Subhash Chandra insolvency order is being called a 99.97% haircut. But the real story is more complicated—and, in my view, much more uncomfortable.

₹22,000 Crore vs ₹6.5 Crore: What Really Happened to Subhash Chandra's Debt?

There is something almost absurd about the numbers in this case. Creditors claimed roughly ₹21,700–₹22,000 crore against Dr. Subhash Chandra. The repayment plan offered approximately ₹6.5 crore . That...

30 Aug 2026