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NCLT Dismisses Essar Power Jharkhand Ex-Promoters' Bid to Clear Dues - (31 May 2019)


National Company Law Tribunal (NCLT) has dismissed Essar Power Jharkhand’s former promoters’ bid to take the company out of insolvency by offering to pay Rs 1,200 crore as a one-time settlement against a total debt of close to Rs 5,600 crore.


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