99.97% haircut approved by the NCLT.
Subhash Chandra settles โน22,006 crore in dues by paying just โน6.5 crore.Small borrowers face strict recovery actions for minor defaults, while mega-defaults are cleared with a 0.03% recovery rate. This sets a dangerous precedent for India's financial system and completely dilutes the purpose of the Insolvency and Bankruptcy Code (IBC).
Who ultimately bears the brunt? The taxpayer.
Subhash Chandra settles โน22,006 crore in dues by paying just โน6.5 crore.Small borrowers face strict recovery actions for minor defaults, while mega-defaults are cleared with a 0.03% recovery rate. This sets a dangerous precedent for India's financial system and completely dilutes the purpose of the Insolvency and Bankruptcy Code (IBC).
Who ultimately bears the brunt? The taxpayer.
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Dev Advisory
Intraday reversal. Will we reach PDH level or even break?
Did not cross PDH and broke the low and trending down now. VIX is rising.. Not a good sign ๐คจ
Dev Advisory
Frands how is the josh !!
I think in CAS session this will blast more .. what do you think?