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NCLAT defers Hearing on ArcelorMittal pleas till July 2

The appellate tribunal is closing for a month for summer vacation.

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The battle for Essar Steel will also see how courts interpret Section 29A of the Insolvency and Bankruptcy Code, which bars promoters of defaulting firms from bidding for stressed assets

Press Trust of India

Last Updated : May 31 2018 | 1:33 AM IST

The National Company Law Appellate Tribunal on Wednesday adjourned till July 2 the hearing over the appeals filed by Essar Steel resolution applicants NuMetal and Arcelor Mittal.

A two-member bench headed by Chairman Justice S J Mukhopadhaya on Wednesday started the hearing. However, the matter remained part-heard due to paucity of time.

The appellate tribunal is closing for a month for summer vacation.

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