NCLT order misread: Subhash Chandra's ₹22,006 cr case isn't a 99.97% bank loss, say govt sources

Wait 5 sec.

The ₹22,006 crore figure comprises claims against Chandra as a personal guarantor, while the principal corporate borrowers remain separately liable for their debts. The insolvency proceeding is against Chandra as a personal guarantor and not against the principal corporate borrowers.