Subhash Chandra Plans a Fresh Start in Switzerland After Massive Debt Settlement
The 75-year-old founder of Zee and chairman of the Essel Group just got the National Company Law Tribunal’s nod on his personal insolvency plan. Creditors who had claimed around Rs 22,006 crore from him will get roughly Rs 6.5 crore in total. That’s about 0.03 per cent recovery — a haircut of nearly 99.97 per […]
