NCLT's verdict in Subhash Chandra's case prompts lenders to adopt cautious strategies regarding personal guarantees and asset recovery.

NCLT approves Subhash Chandra's ₹6.5 crore repayment plan against ₹22,006 crore claims, raising concerns over creditor recovery expectations.

Subhash Chandra's personal guarantee case resolves with creditors accepting a ₹6.5 crore repayment, facing a 99% loss.

NCLT's verdict in Subhash Chandra's case prompts lenders to adopt cautious strategies regarding personal guarantees and asset recovery.

Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs…