'Not haircut but mundan': Congress on NCLT clearing Subhash Chandra's ₹6.5 crore payout

The insolvency tribunal NCLT has approved a repayment plan under which the media baron will pay just ₹6.5 crore to settle admitted creditor claims of about ₹22,006.57 crore in his personal insolvency resolution process, translating into a haircut of nearly 99.97% for lenders