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Tribunal Stays Subhash Chandra's Rs 6.25 Crore Debt Resolution Plan

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A tribunal has stayed media baron Subhash Chandra's debt resolution plan, putting its implementation on hold. The plan had proposed a payment of Rs 6.25 crore against total outstanding claims amounting to Rs 22,006.57 crore. An additional Rs 25 lakh had been set aside under the plan to cover insolvency-related costs. The stay raises questions about the next steps in the insolvency proceedings against Chandra.

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Tribunal Stays Subhash Chandra's Rs 6.25 Crore Debt Resolution Plan · ShortSingh