Essar Steel Case

Justice S J Mukhopadhaya: 'Argumentative' outgoing NCLAT chairman

Mukhopadhaya's recent ruling restoring Cyrus Mistry as Tata Sons chairman came as a rude shock to the salt-to-software giant

Nifty Bank hits fresh high as ArcelorMittal to close Essar Steel deal today

Investors, however, booked profit at most banking counters with shares of SBI, Axis Bank, HDFC Bank, YES Bank, Punjab National Bank, Bank of Baroda, and The Federal Bank down up 2.7 per cent.

Ruling in Essar case a watershed moment in insolvency law, says IBBI chief

The Insolvency and Bankruptcy Code, 2016 envisages closure of a corporate insolvency resolution process in a time-bound manner

NCLAT advances hearing on Essar Steel's resolution process to May 7

The Committee of Creditors (CoC) of the company had moved an urgent plea to seek an early hearing in this matter

Essar Steel case: NCLT asked to decide on ArcelorMittal's bid by Mar 8

A two-member NCLAT bench said that if the Ahmedabad bench of NCLT fails to pass an order by this deadline, it would call records and pass an order

Another twist in Essar Steel case as BPCL seeks its liquidation at NCLT

GPI Textile's RP too seeks quashing of ArcelorMittal's resolution plan over non-payment of dues

Essar Steel says offer by shareholders superior to ArcelorMittal's proposal

Lenders should not be pressured into giving control of the company to any entity that undervalues it, Essar Steel says

SBI sale of debt in Essar Steel not to stall IBC process, say sources

The SBI's decision, however, will not stall the Insolvency and Bankruptcy Code (IBC) process as the new entity will join the committee of creditors, they clarified

Essar Steel case: NCLT order on ESAHL offer's maintainability by January 31

Senior legal counsels from ESAHL, Committee of Creditors (CoC), Resolution Professional (RP) and ArcelorMittal made a last ditch effort to present their cases

Essar lenders to meet ArcelorMittal, Numetal on May 2 to discuss offers

Both companies to rectify their initial offers

Essar Steel case: Invitation of second round of bids invalid, says NCLT

Both bids have to be shared, evaluated by Committee of Creditors before taking any decision

Gujarat HC dismisses Essar Steel plea against RBI in bankruptcy case

Ruling a boost for govt, which has tweaked banking laws to empower RBI to tackle the bad debt issue

Gujarat HC's Essar Steel verdict on Monday

No supporting documents for insolvency release: RBI tells HC

Essar Steel insolvency case: Gujarat High Court to give verdict on Monday

Essar Steel had moved the court against the June 13 RBI circular

Essar Steel case: SBI MD Rajnish calls for faster resolution of NPAs

Rajnish Kumar hoped that the Gujarat High Court will decide quickly on the Essar Steel case