The Supreme Court on Monday ruled status quo on the sale of Essar Steel to Arcelor Mittal.   A bench headed by Justice Rhinton F. Nariman admitted the appeals by Essar Steel lenders and Arcelor Mittal challenging the order of the National Company Law Appellate Tribunal...
The National Company Law Appellate Tribunal (NCLAT) on Thursday accepted ArcelorMittal's bid for insolvent Essar Steel while rejecting objection raised by Prashant Ruia saying that the issue of the eligibility of the Laxmi Mittal-led company has already been decided by the Supreme...
On 7th May, Prashant Ruia, director of Essar Steel, moved the bankruptcy court, yet again, in an attempt to derail Arcelor Mittal’s Rs42,000-crore bid for the family’s flagship company. Mr Ruia has attempted to link Arcelor Mittal’s promoter, Lakshmi Niwas Mittal (LNM), to his defaulter...

The National Company Law Appellate Tribunal (NCLAT) on Tuesday said it may direct ArcelorMittal, in the next hearing on April 23, to deposit Rs 42,000 crore for acquisition of the insolvent Essar Steel in a separate account.   The two-member bench, headed by Justice S.J. Mukhopadhaya,...
The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked creditors of Essar Steel Ltd to reconsider distribution of funds received from ArcelorMittal under the resolution plan. The Tribunal asked resolution professional of Essar Steel to call a fresh meeting of committee of...

We are listening!

Solve the equation and enter in the Captcha field.

To continue

Sign Up or Sign In



online financial advisory
Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
online financia advisory
The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Online Magazine
Fiercely independent and pro-consumer information on personal finance
financial magazines online
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
financial magazines in india
MAS: Complete Online Financial Advisory
(Includes Moneylife Online Magazine)
FREE: Your Complete Family Record Book
Keep all the Personal and Financial Details of You & Your Family. In One Place So That`s Its Easy for Anyone to Find Anytime
We promise not to share your email id with anyone