essar steel
GAIL move NCLT seeking rejection of ArcelorMittal bid for Essar Steel
Operational creditors, under the plan, are to get just Rs 214 crore against the outstanding of Rs 4,976 crore.
Mittal claims win in Essar Steel bid
Consider promoters’ attempt: Firm
ArcelorMittal wins bids to buyout Essar Steel
ArcelorMittal has been chosen by lenders to takeover debt-laden Essar Steel for about Rs 42,000 crore.
Ruias offer Rs 54,389 crore to retain Essar; ArcelorMittal opposes
The fresh offer for settlement by Essar Steel has been made under Section 12A of the IBC.
Essar Steel shareholders plan to clear all dues
Company seeks withdrawal of insolvency plea after last-ditch attempt.
Essar Steel shareholders offer to pay Rs 54,389 cr to clear all dues of lenders
The CoC is empowered to consider and approve this Settlement Plan with the requisite voting share.
JSW Steel seeking legal opinion if can bid solo for Essar Steel: Official
JSW Steel had teamed up with NuMetal to place a Rs 37,000-crore offer for Essar Steel in the second round of bidding.
SC grants one more opportunity to ArcelorMittal, NuMetal to bid for Essar Steel
Top court asked Committee of Creditors to take a decision within 8 weeks on rival bids of NuMetal and ArcelorMittal for Essar Steel.
CCI approves ArcelorMittal's acquisition of Essar Steel
The acquisition of Essar Steel is proposed to be undertaken through multiple steps.
NCLAT amends order on Essar Steel, adds Darius Khambata as counsel
NCLAT had ruled that Numetal's Rs 37,000 crore second-round bid for Essar Steel is valid.