Tuesday, 29 January 2019

NCLT Rejects Essar Steel Owners' Settlement Plan: Report

The settlement proposal presented to the consortium of lenders by the billionaire Ruia family was not 'maintainable', and it would not be illegal for the banks to reject the offer, the National Company Law Tribunal said.

from Top Business News- News18.com http://bit.ly/2FWRf7w
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