The Economic Times

Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency plan

Dissenting lenders have alleged that five entities linked to Subhash Chandras family controlled 61.78% of voting rights and helped approve his personal insolvency plan. The plan proposes paying 6.5 crore against admitted creditor claims of about 22,006.57 crore, though Chandra disputes that claim amount.