The lender in its complaint, which is part of the FIR, has alleged that the Zee TV founder submitted net worth certificates as a guarantor that were used to secure approval and disbursal of two loans amounting to Rs 980 crore, which were eventually defaulted

An earlier National Company Law Tribunal opinion had proposed a settlement that would allow creditors to recover just about Rs 6.5 crore from his personal estate against claims of roughly Rs 22,006 crore