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NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Ex Essar Steel directors approach NCLT against ArcelorMittal takeover

On Friday, Ahmedabad bench of NCLT had approved the lenders' plan to let global steel giant ArcelorMittal take over...

11 March 2019 5:35 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar Steel posts EBITDA of Rs 2,000 crore, may use funds to repay...

The CoC had challenged the orders of the NCLAT of March 18 and March 20 before the Supreme Court by filing an SLP.

29 April 2019 1:48 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal gets EC nod to sell European steel assets to Liberty...

The transaction closing is anticipated to occur before the end of the first half of this year.

18 April 2019 9:01 AM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

Supreme Court halts ArcelorMittal payment to buy Essar Steel: report

India's bankruptcy court had approved ArcelorMittal's USD 6 billion bid for debt-ridden Essar on March 8.

12 April 2019 4:33 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

NCLAT may ask ArcelorMittal to deposit Rs 42,000 cr for acquiring...

The bench also directed the operational creditors and financial creditors of Essar Steel to file a chart next week.

9 April 2019 3:59 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

NCLAT reserves order on ArcelorMittal takeover of Essar Steel

Essar Steel has reported an Ebitda of around Rs 4,000 crore during the over 600 days of insolvency period.

21 May 2019 5:22 PM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

ArcelorMittal to pay Rs 42K cr for Essar Steel takeover: Co tells...

Senior advocate Harish Salve appearing for ArcelorMittal accused Ruias of creating hurdles in Essar Steel resolution...

20 May 2019 5:18 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar Steel reports Rs 4,229 crore EBITDA during insolvency period

The Committee of Creditors (CoC) had voted in favour of Rs 42,000 crore take over plan of the global steel major...

19 May 2019 12:43 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal resolution plan violative of IB Code: Ruia to NCLAT

Essar Steel submitted before the NCLAT that the resolution plan moved by ArcelorMittal is in violation of the IBC.

16 May 2019 8:39 AM IST

Tata Steel is countrys major steel producer.

Tata Steel to continue to explore various business options in Europe:...

The journey of de-leveraging and creating structurally strong enterprise continues, said TV Narendran.

15 May 2019 12:45 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar Steel shareholder seeks rejection of ArcelorMittal bid for...

Essar Steel shareholder ESAHL said ArcelorMittal India Ltd and its promoter Lakshmi Mittal had 'misled' Supreme Court.

7 May 2019 3:12 PM IST

Tata Steel gave no update on the future of the rest of its UK assets including Britains biggest steel plant at Port Talbot in Wales.

EU blocks Thyssenkrupp-Tata steel merger plan

The aim of the merger had been to create the second largest European steel company behind multinational giant...

11 Jun 2019 5:25 PM IST