{"id":1031679,"date":"2026-08-28T07:55:54","date_gmt":"2026-08-28T02:25:54","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1031679"},"modified":"2026-08-28T08:00:08","modified_gmt":"2026-08-28T02:30:08","slug":"nclt-subhash-chandra-case-rs-22000-crore-is-not-bank-loan-write-off-sources-on-order","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/28\/nclt-subhash-chandra-case-rs-22000-crore-is-not-bank-loan-write-off-sources-on-order\/","title":{"rendered":"NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on order"},"content":{"rendered":"<p>New Delhi: The National Company Law Tribunal&#8217;s approval of a repayment plan for Essel Group founder Subhash Chandra does not mean banks have written off 99.97 per cent of Rs 22,000 crore in loans, sources said, citing the insolvency court&#8217;s order. <\/p>\n<p>The Rs 22,006 crore figure represents claims admitted against Chandra in his capacity as a personal guarantor for loans taken by several Essel\/Zee-linked companies, not debt personally borrowed by him, they said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The National Company Law Tribunal&#8217;s approval of a repayment plan for Essel Group founder Subhash Chandra does not mean banks have written off 99.97 per cent of Rs 22,000 crore in loans, sources said, citing the insolvency court&#8217;s order. The Rs 22,006 crore figure represents claims admitted against Chandra in his capacity as a personal guarantor for loans taken by several Essel\/Zee-linked companies, not debt personally borrowed by him, they said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,4,10],"tags":[],"class_list":["post-1031679","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1031679"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031679\/revisions"}],"predecessor-version":[{"id":1031682,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031679\/revisions\/1031682"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}