Subhash Chandra's insolvency leaves creditors with minimal recovery
Subhash Chandra's insolvency results in mere ₹6.5 crore recovery against ₹22,006 crore in creditor claims. The resolution process concluded with assets insufficient to meet liabilities. ₹6.5 crore recovered vs. ₹22,006 crore owed highlights severe shortfall. ZEEL remains impacted due to promoter-level financial stress.
📊 STOCKS: ZEEL | 🏢 SECTOR: Corporate | #MEDIUMIMPACT #Insolvency
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