essar steel
Central Bank puts Bhushan Power, Essar Steel accounts up for sale to recover bad loan
Bhushan Power & Steel has an outstanding of Rs 1,550.07 crore towards the bank.
NCLAT directs NCLT Ahmedabad to decide on ArcelorMittal's Essar Steel bid by Mar 8
A two-member NCLAT bench said that if the NCLT fails to pass an order by this deadline, it would call records and pass an order.
Phase of stress in steel sector is over: Minister
Essar Steel may finally go the ArcelorMittal way while stress in the steel sector is now way behind.
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.
NCLAT declines plea of Essar Steel operational creditor
NCLAT declined the plea of an operational creditor of debt-ridden Essar Steel seeking recovery worth Rs 800 crore.
NCLAT asks NCLT to take decision on Essar Steel's insolvency case by Jan 31
NCLT to pass an order on insolvency resolution plan submitted by Essar Steel's RP, in which ArcelorMittal emerged as the highest bidder.
New twist to Essar tale, SBI seeks to sell Rs 15,000 cr bad loans
SBI has put the reserve price for the recovery of bad loans from Essar Steel India at Rs 9,587.64 crore.
Essar says all overseas debt cleared, USD 1.75 bn paid to Indian, foreign banks
Essar Global has now repaid about Rs 6,300 crore to ICICI Bank, Axis Bank, and Standard Chartered Bank.
Essar Steel insolvency case: NCLAT asks NCLT Ahmedabad bench to expedite decision
The matter is listed at NCLT Ahmedabad on January 7 for next hearing.
‘New offer by Essar Steel promoters not maintainable’
Banks and other creditors have total debt exposure of close to Rs 49,000 crore in the company.