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Essar Steel Nclat

SBI likely to pay Essar lenders on Dec 16 as ArcelorMittal pays up

As per the resolution proposal, banks would recover over 90 per cent of their claims against Essar Steel, amounting to over 40,000 crore.

SBI likely to pay Essar lenders on Dec 16 as ArcelorMittal pays up
Updated On : 15 Dec 2019 | 9:30 PM IST

SC orders status quo on NCLAT verdict in Essar Steel insolvency case

The apex court said that the monitoring committee will continue its work in Essar insolvency till case is heard on August 7

SC orders status quo on NCLAT verdict in Essar Steel insolvency case
Updated On : 22 Jul 2019 | 11:19 AM IST

Essar Steel lenders to seek guidance from NCLAT on Mittal offer

Numetal and ArcelorMittal had moved the NCLAT against a previous order of the National Company Law Tribunal's (NCLT's) Ahmedabad bench

Essar Steel lenders to seek guidance from NCLAT on Mittal offer
Updated On : 16 May 2018 | 9:14 PM IST