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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.

NCLAT extends deadline to decide on Essar Steel insolvency case

NCLT Ahmedabad to decide over the Rs 42,000 cr resolution plan submitted by ArcelorMittal for Essar Steel.

12 Feb 2019 12:25 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 gives conditional nod to ArcelorMittal's Rs 42,000 cr plan for...

ArcelorMittal's resolution proposal provides financial creditors Rs 41,987 cr out of their total dues of Rs 49,395 cr.

18 March 2019 3:57 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

BoI to raise Rs 400-500 cr from non-core asset sale this month

The bank had also earlier planned to raise around Rs 800 crore by selling stake in STCI Finance and Sidbi.

14 March 2019 3:14 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.

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: NCLT clears ArcelorMittal's bid

Clearing ArcelorMittal's bid, NCLT said that it cannot impose judicial view over banks' wisdom.

9 March 2019 1:06 AM 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.

Central Bank puts Bhushan Power, Essar Steel accounts up for sale to...

Bhushan Power & Steel has an outstanding of Rs 1,550.07 crore towards the bank.

5 March 2019 9:40 AM 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

Essar Steel CoC cannot discriminate between operational creditors,...

The NCLAT would continue the hearing in the matter on Wednersday.

24 April 2019 8:44 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