Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. Photograph: Vivek Prakash/Reuters They also ended up......
Seeking ArcelorMittal be declared ineligible to bid for Essar Steel, the petition cited Section 29A of the Insolvency and Bankruptcy Code which bars promoters of defaulting companies from bidding......
The Essar group hinted at challenging the verdict, citing last week's Supreme Court order that upheld the August 2018 amendment to the IBC law. The National Company Law Tribunal (NCLT) on Tuesday......
The sale of the NPA account is to happen through e-auction on January 30, as per the bid invite. SBI plans to sell over Rs 15,000 crore worth bad loans belonging to Essar Steel to recover its dues......
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.Illustration: Dominic Xavier/Rediff.com......