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NCLAT's Essar Steel order not applicable to Ruchi Soya: LendersThe counsel for the committee of creditors (CoC) of Ruchi Soya said the judgment will not apply to any matter- ET Explains: All about Essar Steel case and the latest twist in the taleThe company had been put on the block under IBC to recover over Rs 54,547 crore of unpaid dues.
- Lenders, Ruias plan to move SC on NCLAT Essar orderThe NCLAT has relied on its recent decision in Binani Industries Ltd while passing the order.
- ArcelorMittal to pay Rs 42,000 cr for Essar Steel takeoverThe NCLAT would continue to hear the Essar Steel insolvency case on May 21.
- Arcelor paying Rs 39,500 crore for Essar Steel and not Rs 42,000 cr: SCB counsel Kapil SibalKapil Sibal argued that acceptance of Rs 39,500 crore as the bid amount by the Committee of Creditors (CoC) of Essar Steel, to which Standa...
- Essar Steel CoC meets over distribution of Rs 42,000 cr, NCLAT to wait for the outcomeDuring the proceedings of the appellate tribunal, the counsel informed the bench that meeting was underway in accordance with the NCLAT ord...
- Essar Steel inching towards resolutionNCLAT gives conditional nod to ArcelorMittal’s resolution plan, to rule on fund disbursal later.
- NCLAT directs NCLT Ahmedabad to take call on ArcelorMittal's Essar Steel bid by March 8It has also directed the registry of NCLT to communicate this order to the Ahmedabad-based bench and its members.
- NCLAT extends deadline for NCLT Ahmedabad to decide on Essar Steel insolvency case by February 19Earlier, the NCLAT has asked NCLT Ahmedabad to decide by February 11, failing to which it would call records and pass order.
- NCLAT directs NCLT Ahmedabad bench to decide on ArcelorMittal's resolution plan for Essar Steel by Feb 11A two-member bench headed by Justice S J Mukhopadhaya has directed to list the matter on February 12.
- NCLAT orders Ahmedabad court to expedite Essar Steel caseThe case has been running for about 500 days, while the maximum stipulated time for the resolution of any case under the Insolvency and Ban...
- SC verdict on appeals of NuMetal, ArcelorMittal on eligibility to bid for Essar Steel todayThe bench is expected to deal with the ways to prevent delays in insolvency resolution of debt-ridden firms due to continued adjudications ...
- NCLAT amends order on Essar Steel, adds Darius Khambata as counselKhambata had represented Resolution Professional of the debt ridden firm Essar Steel in this matter before the appellate tribunal and his n...
- SC to hear tomorrow plea of ArcelorMittal against NCLAT order on Essar Steel auctionThe apex court refused urgent hearing for ArcelorMittal's plea for payment of Rs 7,000 crore by today for its second bid to become eligible.
- ArcelorMittal submits revised bid for Essar SteelArcelorMittal has submitted a fresh bid revising its offer to Rs 42,000 crore for the bankrupt Essar Steel.
- SBI withdraws plan to sell Essar Steel loans post NCLAT orderSBI, the lead lender, was planning to sell its loan to Essar Steel to asset reconstruction companies, according to sources.
- ArcelorMittal says NuMetal alter ego of Ruias; NCLAT disagreesAt a hearing before a two-member bench of the National Company Law Appellate Tribunal (NCLAT), senior lawyer Abhishek Manu Singhvi, appeari...
- NCLAT adjourns hearing on NuMetal, ArcelorMittal pleas till July 2A two-member bench headed by Chairman Justice S J Mukhopadhaya today started the hearing. However, the matter remained part-heard due to pa...
- NCLAT to hear ArcelorMittal, NuMetal pleas tomorrowThe appellate tribunal's direction came over a petition filed by the lenders of debt-ridden Essar Steel requesting an early hearing on acco...
- NCLAT agrees to hear NuMetal, ArcelorMittal petition in Essar Steel caseThe NCLAT issued notices to a committee of Essar Steel creditors, the resolution professional running an auction of the company and the two...
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