SC: Reserved Category Candidate Who Availed Prelims Relaxation Cannot Claim an Unreserved Seat  ||  SC: Public Sector Enterprises Cannot Act Against Retired Employees Without Clear Rules  ||  Supreme Court: Single FIR is Permissible in Mass Cheating Cases Arising From One Conspiracy  ||  SC: Courts Cannot Take Cognizance of Time-Barred Cheque Bounce Cases Without Condoning Delay  ||  SC: Exoneration in Disciplinary Proceedings Does Not Always Bar Criminal Prosecution  ||  SC: Judge Cannot Be Presumed Biased Merely Because a Litigant’s Relative Is Police or Court Staff  ||  Delhi HC: Delays From Medical Review Cannot Justify Ante-Dated Seniority For BSF Candidates  ||  Allahabad HC: Being ‘Proclaimed Offender’ Does Not Completely Bar Grant of Anticipatory Bail  ||  Delhi HC: Abortion by a Married Woman For Marital Discord is Legal under The MTP Act  ||  NCLT Kochi: Fraud Has No Time Limit and Directors Cannot Use Delay As a Defense    

INSOLVENCY - NCLAT Asks ArcelorMittal to Consider Revising Bid for Essar Steel - (15 Mar 2019)

INSOLVENCY

National Company Law Appellate Tribunal (NCLAT) has asked ArcelorMittal to consider revising its Rs. 42,000 crore bid for Essar Steel India Limited (ESIL), and also observed that a window of opportunity could be provided to promoters of Essar if they cleared all debt related to Essar group.

Tags : NCLAT   ESSAR STEEL   ARCELOR MITTAL  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved