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NCLT rejects Ruias bid to regain control of Essar Steel

NCLT rejects Ruias bid to regain control of Essar Steel

Ahmedabad : The National Company Law Tribunal (NCLT), Ahmedabad bench, on Tuesday rejected the Essar promoters plea to repay their debt and withdraw Essar Steel from the insolvency proceedings, giving advantage to ArcelorMittal in the race. Within days of the ...

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SC stalls Centre’s takeover of Unitech

SC stalls Centre’s takeover of Unitech

New Delhi : The Supreme Court on Wednesday stayed an NCLT order suspending real estate major Unitech’s directors and allowing the Centre to appoint its nominees in their place. A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and ...

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