{"id":1035101,"date":"2026-09-14T08:47:12","date_gmt":"2026-09-14T03:17:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1035101"},"modified":"2026-09-14T09:15:32","modified_gmt":"2026-09-14T03:45:32","slug":"subhash-chandra-effect-ibbi-proposes-tighter-safeguards-for-personal-guarantor-insolvency","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/14\/subhash-chandra-effect-ibbi-proposes-tighter-safeguards-for-personal-guarantor-insolvency\/","title":{"rendered":"Subhash Chandra effect: IBBI proposes tighter safeguards for personal guarantor insolvency"},"content":{"rendered":"<p>The Insolvency and Bankruptcy Board of India (IBBI) has proposed tighter safeguards for insolvency proceedings involving personal guarantors, including independent valuation of their assets, scrutiny of transactions that could erode creditors\u2019 recovery and mandatory recording of reasons for approving repayment plans. <\/p>\n<p>The proposals come amid controversy over Essel Group chairman Subhash Chandra\u2019s repayment plan, under which creditors with admitted claims of Rs 22,006.57 crore would receive just Rs 6.25 crore \u2014 a 99.97% haircut.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Insolvency and Bankruptcy Board of India (IBBI) has proposed tighter safeguards for insolvency proceedings involving personal guarantors, including independent valuation of their assets, scrutiny of transactions that could erode creditors\u2019 recovery and mandatory recording of reasons for approving repayment plans. The proposals come amid controversy over Essel Group chairman Subhash Chandra\u2019s repayment plan, under which creditors with admitted claims of Rs 22,006.57 crore would receive just Rs 6.25 crore \u2014 a 99.97% haircut.<\/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":[74,4,17],"tags":[],"class_list":["post-1035101","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035101","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=1035101"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035101\/revisions"}],"predecessor-version":[{"id":1035123,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035101\/revisions\/1035123"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1035101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1035101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1035101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}