Supreme Court: Bail Remains the Rule and Jail the Exception, Even under the UAPA Law  ||  Supreme Court: Principle of Res Judicata Also Applies Between Stages of the Same Case  ||  Supreme Court: Govt Servant Has No Right to Old Rule Promotion Just Due to Earlier Vacancies  ||  Delhi High Court: Students Having Zero Attendance Cannot be Promoted to the Next Semester  ||  J&K&L HC: Replacing 'State' With 'Union Territory' in Public Safety Act Does Not Change its Nature  ||  Kerala High Court: Doctor Cannot Enrol as an Advocate Without First Cancelling Medical Registration  ||  Supreme Court: VAT is Not Applicable on Reliance’s Inter-State Gas Supply from KG Basin to UP  ||  Supreme Court: Co-Owner Can File Eviction Suit as Landlord under Bombay Rent Act  ||  Supreme Court: Mediclaim Reimbursement Cannot be Set off Against Accident Compensation  ||  SC: Hindu Succession Act 2005 Amendment Does Not Curtail Daughters’ Existing Inheritance Rights    

NCLAT Rejects ArcelorMittal Plea Over EPC Construction - (17 Dec 2019)

INSOLVENCY

National Company Law Appellate Tribunal has rejected global steel major ArcelorMittal's petition challenging approval of Royale Partners Investment Fund's resolution plan by the creditors of debt-ridden EPC Construction India Ltd (ECIL). The Tribunal rejected ArcelorMittal India plea by observing that it has "no vested fundamental right to challenge the plan approved by the Committee of Creditors of ECIL" formerly known as Essar Projects India.

Tags : NCLAT   ARCHELOR MITTAL  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved