Mumbai, Aug. 25 -- The National Company Law Tribunal (NCLT)'s special bench on Tuesday approved a repayment plan proposed by Zee group's founder and chairman Subhash Chandra in which he will pay just Rs.6.5 crore against admitted creditor claims of about Rs.22,006.57 crore, giving creditors a recovery of only around 0.03% of their admitted dues.

The approval has come from a third judicial member of the insolvency court-Nilesh Sharma-who was included in February 2026 by the NCLT president to only decide on the issues on which the original two members disagreed.

The original judicial and technical members of the Delhi bench differed on the repayment plan. Sharma has given his opinion approving the plan stating the matter for "Regular Benc...