Thursday, 4 July 2019
NCLAT rejects Ruia’s bid to block ArcelorMittal; approves bid for Essar Steel with modification
Essar Steel was auctioned under the new Insolvency and Bankruptcy Code (IBC) to recover Rs 54,547 crore of unpaid dues of financial lenders and operational creditors.
The post NCLAT rejects Ruia’s bid to block ArcelorMittal; approves bid for Essar Steel with modification appeared first on Firstpost.
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