Banks recovered 2x more from me: Mallya as NCLT clears Chandra's ₹6.5-cr repayment plan

Fugitive businessman Vijay Mallya reacted after NCLT approved Subhash Chandra's plan, under which he'll pay ₹6.5 crore to settle admitted creditor claims of about ₹22,006.57 crore. "Banks and Government have...recovered ₹14,100 crore from me against a judgement debt of ₹6,203 crore," Mallya said. "Many more borrowers have settled at a fraction. Indian Debt Resolution Justice I presume," he added.