NCLAT Asks NCLT To Pass Final Order On Essar Steel Within A Week
The National Company Law Appellate Tribunal, today, has asked the NCLT’ Ahmedabad bench to pass its final verdict on the insolvent Essar Steel. The appellate...
Tag : ArcelorMittal
NCLAT Instructs NCLT To Reach Verdict On Essar Steel Soon
The National Company Law Appellate Tribunal (NCLAT) has granted a week more to the Ahmedabad’s bench of National Company Law Tribunal to pass its order...
NCLT Rejects Ruia Family's ESAHL Plea To Regain Essar Steel
The National Company Law Tribunal issued a major setback to the Ruia family, as it turned down Essar Steel Asia Holdings Ltd’ (ESAHL) plea to regain...
NCLT Rejects Ruia Family’s ESAHL Plea To Regain Essar Steel
The National Company Law Tribunal issued a major setback to the Ruia family, as it turned down Essar Steel Asia Holdings Ltd’ (ESAHL) plea to regain...
NCLT Reserves Its Verdict On Essar Steel Asia – ArcelorMittal Plea
The NCLT’s Ahmedabad bench has reserved its verdict on the Essar Steel Asia Holdings maintainability bid to retake the management of the debt-ridden company. The...
Shareholders Of Essar Steel Proposes To Pay Rs. 54,389 crores, In Dues
The promoters of embattled Essar Steel offered to pay Rs. 54,389 crores on Thursday i.e. 26/10/2018, including an upfront cash payment of Rs. 47,507 crores,...
ArcelorMittal Chosen As H1 Bidder For Essar Steel India Limited
Committee of Creditors has selected ArcelorMittal as the preferred bidder for Essar Steel, the embattled steel producer. The Lakshmi Mittal-owned steel giant bagged the lenders’...
ArcelorMittal gets shareholders nod to convert the currency of share capital
ArcelorMittal has received shareholder’s approval to convert the currency of share capital to US dollar, from the euro. This is done with a view to simplify...
ArcelorMittal declassified as Uttam Galva Steels promoter
Uttam Galva Steels Ltd has received approvals from the BSE and NSE, for declassification of ArcelorMittal as the promoter of the company. In a BSE filing,...
ArcelorMittal aims to sell LaPlace and Vinton steel plants in US
ArcelorMittal, the largest steel manufacturer is going to sell its LaPlace and Vinton Long Carbon facilities in the US to an affiliate of the asset...