A five‑member NCLT bench in Delhi has stayed the approval of Dr. Subhash Chandra's repayment plan that would have paid creditors ₹6.25 crore against claims of over ₹22,000 crore.
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Creditors plan to challenge an NCLT order that limits Subhash Chandra’s repayment to ₹6.25 crore, with the NCLAT scheduled to hear the appeal tomorrow.