ArcelorMittal, Resurgent plan to bid jointly for Essar plant
ArcelorMittal is exploring a joint offer with Resurgent Power Ventures Pte to buy an Essar Power generation plant in India, according to the report from the Bloomberg. The companies have…
ArcelorMittal is exploring a joint offer with Resurgent Power Ventures Pte to buy an Essar Power generation plant in India, according to the report from the Bloomberg. The companies have…
Essar Steel‘s Committee of Creditors (CoC) is yet to decide over the proportion of money it has to give to operational creditors under the the resolution plan proposed by ArcelorMittal.…
The National company law Appellate Tribunal (NCLAT) has finally given approval nod to long pending Insolvency case pertaining to Essar steel, The approval comes a week after the order by…
The National Company Law Appellate tribunal (NCLAT) said the Essar group’s resolution plan bid for Essar Steel would only be accepted if the company would pay all the debt of…
After the Ahmedabad bench of NCLT approved the debt resolution plan of ArcelorMittal’s take over plan of debt ridden Essar Steel, Steel tycoon LN Mittal is all set to enter…
The National Company Law Appellate Tribunal (NCLAT) asked the NCLT‘s Ahmedabad bench to decide over the pending resolution plan by ArcelorMittal for debt ridden Essar Steel of ₹42,000 Crore. The…
State Bank of India’s bid to sell the outstanding loans given to Essar Ltd. has received very low interest by the bidders. Bank of America Merrill Lynch emerged as the…
ArcelorMittal invoked the Swiss Bank challenge for Essar Steel on Monday which is estimated at ₹42,000 crore