ArcelorMittal bags Essar Steel as NCLT Ahmedabad clears Rs 42,000 cr takeover bid

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  • Race for Essar Steel- NCLAT gives conditional nod to ArcelorMittal's Rs 42k cr plan

    Race for Essar Steel- NCLAT gives conditional nod to ArcelorMittal's Rs 42k cr plan

    The National company Law Appellate Tribunal (NCLAT) Monday gave a conditional approval to Rs 42,000 crore resolution plan of ArcelorMittal for debt-ridden Essar Steel saying it will be subject to its final order in the appeal filed by the promoters. A two-member bench headed by Justice S J Mukhopadhaya said there is no stay on the Resolution Professional of Essar Steel to disburse the funds among financial and operational creditors of the company.

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    Watch Race for Essar Steel- NCLAT gives conditional nod to ArcelorMittal's Rs 42k cr plan With HD Quality

    By The Economic Times| 1338 views

  • Dance at the Green Steel Bridge, the Yellow Steel Bridge, and the Red Steel Bridge Location Fortnite

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    Dance at the Green Steel Bridge, the Yellow Steel Bridge, and the Red Steel Bridge Location Fortnite

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  • NCLT approves Patanjali's Rs 4,350 crore bid for Ruchi Soya

    NCLT approves Patanjali's Rs 4,350 crore bid for Ruchi Soya

    The National Company Law Tribunal (NCLT) Thursday approved yoga-exponent-Ram Dev-run Patanjali's revised Rs 4,350-crore bid to take over the edible oil maker Ruchi Soya, which owed banks over Rs 9,345 crore. However, the tribunal said the approval is subject to the tribunal resolution professional bridging the information gap regarding the exact source of funds worth Rs 600 crore (which is part of the bid amount) before the next date of hearing on August 1.




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    Watch NCLT approves Patanjali's Rs 4,350 crore bid for Ruchi Soya With HD Quality

    By The Economic Times| 300 views

  • Battle for Essar steel: SC rejects pleas by operational creditors

    Battle for Essar steel: SC rejects pleas by operational creditors

    The Economic Times | A Times Internet Limited product

    In a big setback to operational creditors of Essar Steel, SC today rejected their plea for a stay against Feb 11 NCLAT order which paves the way for Arcelor Mittal's buyout of Essar. ET NOW explains SC's major observations and tells how soon can the deal materialize.

    By The Economic Times| 1527 views

  • Supreme Court stays NCLAT order in Essar Steel case

    Supreme Court stays NCLAT order in Essar Steel case

    Supreme Court stays NCLAT order in Essar Steel case, says once commercial wisdom of CoC takes place, one can't act as resolution professional




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    Watch Supreme Court stays NCLAT order in Essar Steel case With HD Quality

    By The Economic Times| 240 views

  • NCLAT's Essar Steel ruling set aside: Everything you need to know | Economic Times

    NCLAT's Essar Steel ruling set aside: Everything you need to know | Economic Times

    The Supreme Court on Friday set aside the July 4 order of the NCLAT approving ArcelorMittal's Rs 42,000-crore bid for acquiring debt-laden Essar Steel. A bench headed by Justice RF Nariman quashed the NCLAT order which had given financial creditors equal status with operational creditors in the distribution of ArcelorMittal's bid amount. The bench clarified that financial creditors enjoy primacy and the adjudicating authority cannot interfere with the decision approved by the committee of creditors. ET's Karunjit Singh has more. (Text: PTI)

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    Watch NCLAT's Essar Steel ruling set aside: Everything you need to know | Economic Times With HD Quality

    By The Economic Times| 299 views

  • Essar Steel verdict: What's next for bankruptcy law? | Economic Times

    Essar Steel verdict: What's next for bankruptcy law? | Economic Times

    India's insolvency resolution framework has truly arrived after a tortuous journey of three years. Banks will finally be able to keep out unscrupulous promoters with the law establishing the primacy of financial lenders on asset proceeds. ET's Saloni Shukla reports. (Text: ET Bureau)

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    Watch Essar Steel verdict: What's next for bankruptcy law? | Economic Times With HD Quality

    By The Economic Times| 373 views

  • સુરતમાં 42000 કિશોરોને કોરોના વેક્સિન  અપાશે | MantavyaNews

    સુરતમાં 42000 કિશોરોને કોરોના વેક્સિન અપાશે | MantavyaNews

    #MantvyanewsLive #Ahmedabad

    surat ma 42000 kishoro ne corona rasi apashe !

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    સુરતમાં 42000 કિશોરોને કોરોના વેક્સિન અપાશે | MantavyaNews

    By Mantavya News| 73 views

  • રાજકોટ શહેર તાલુકામાં 42000 હેલ્થ કાર્ડ ઇશ્યુ થયા

    રાજકોટ શહેર તાલુકામાં 42000 હેલ્થ કાર્ડ ઇશ્યુ થયા

    હેલો સૌરાષ્ટ્ર ન્યુઝ સામાન્ય માણસ નો અવાજ
    સૌરાષ્ટ્ર નું સૌથી જૂનું લોક માધ્યમ ફોન નં ૦૨૮૧-૨૪૭૪૭૯૦
    like share subscribe over channel

    રાજકોટ શહેર તાલુકામાં 42000 હેલ્થ કાર્ડ ઇશ્યુ થયા

    By Hello Saurashtra News| 13773 views

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Published on: Mar 9, 2019
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The Economic Times | A Times Internet Limited product

National Company Law Tribunal (NCLT) Amedabad bench today cleared ArcelorMittal's Rs 42,000 crore resolution plan for Essar Steel takeover. ArcelorMittal, which has been engaged in a drawn-out attempt to acquire Essar Steel since 2017, had made a Rs 42,000 crore offer for the bankrupt Essar steel.

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Watch ArcelorMittal bags Essar Steel as NCLT Ahmedabad clears Rs 42,000 cr takeover bid With HD Quality

#businessnews#FinancialNews#NationalCompanyLawTribunal#ArcelorMittal#NCLTarcelormittal#ArcelorMittalEssar#essargroup


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  • Race for Essar Steel- NCLAT gives conditional nod to ArcelorMittal's Rs 42k cr planUp next

    Race for Essar Steel- NCLAT gives conditional nod to ArcelorMittal's Rs 42k cr plan

    The National company Law Appellate Tribunal (NCLAT) Monday gave a conditional approval to Rs 42,000 crore resolution plan of ArcelorMittal for debt-ridden Essar Steel saying it will be subject to its final order in the appeal filed by the promoters. A two-member bench headed by Justice S J Mukhopadhaya said there is no stay on the Resolution Professional of Essar Steel to disburse the funds among financial and operational creditors of the company.

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    Watch Race for Essar Steel- NCLAT gives conditional nod to ArcelorMittal's Rs 42k cr plan With HD Quality

    By The Economic Times| 1338 views

  • Dance at the Green Steel Bridge, the Yellow Steel Bridge, and the Red Steel Bridge Location Fortnite

    Dance at the Green Steel Bridge, the Yellow Steel Bridge, and the Red Steel Bridge Location Fortnite

    Dance at the Green Steel Bridge, the Yellow Steel Bridge, and the Red Steel Bridge Location Fortnite

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  • NCLT approves Patanjali's Rs 4,350 crore bid for Ruchi Soya

    NCLT approves Patanjali's Rs 4,350 crore bid for Ruchi Soya

    The National Company Law Tribunal (NCLT) Thursday approved yoga-exponent-Ram Dev-run Patanjali's revised Rs 4,350-crore bid to take over the edible oil maker Ruchi Soya, which owed banks over Rs 9,345 crore. However, the tribunal said the approval is subject to the tribunal resolution professional bridging the information gap regarding the exact source of funds worth Rs 600 crore (which is part of the bid amount) before the next date of hearing on August 1.




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    Watch NCLT approves Patanjali's Rs 4,350 crore bid for Ruchi Soya With HD Quality

    By The Economic Times| 300 views

  • Battle for Essar steel: SC rejects pleas by operational creditors

    Battle for Essar steel: SC rejects pleas by operational creditors

    The Economic Times | A Times Internet Limited product

    In a big setback to operational creditors of Essar Steel, SC today rejected their plea for a stay against Feb 11 NCLAT order which paves the way for Arcelor Mittal's buyout of Essar. ET NOW explains SC's major observations and tells how soon can the deal materialize.

    By The Economic Times| 1527 views

  • Supreme Court stays NCLAT order in Essar Steel case

    Supreme Court stays NCLAT order in Essar Steel case

    Supreme Court stays NCLAT order in Essar Steel case, says once commercial wisdom of CoC takes place, one can't act as resolution professional




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    Watch Supreme Court stays NCLAT order in Essar Steel case With HD Quality

    By The Economic Times| 240 views

  • NCLAT's Essar Steel ruling set aside: Everything you need to know | Economic Times

    NCLAT's Essar Steel ruling set aside: Everything you need to know | Economic Times

    The Supreme Court on Friday set aside the July 4 order of the NCLAT approving ArcelorMittal's Rs 42,000-crore bid for acquiring debt-laden Essar Steel. A bench headed by Justice RF Nariman quashed the NCLAT order which had given financial creditors equal status with operational creditors in the distribution of ArcelorMittal's bid amount. The bench clarified that financial creditors enjoy primacy and the adjudicating authority cannot interfere with the decision approved by the committee of creditors. ET's Karunjit Singh has more. (Text: PTI)

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    Watch NCLAT's Essar Steel ruling set aside: Everything you need to know | Economic Times With HD Quality

    By The Economic Times| 299 views

  • Essar Steel verdict: What's next for bankruptcy law? | Economic Times

    Essar Steel verdict: What's next for bankruptcy law? | Economic Times

    India's insolvency resolution framework has truly arrived after a tortuous journey of three years. Banks will finally be able to keep out unscrupulous promoters with the law establishing the primacy of financial lenders on asset proceeds. ET's Saloni Shukla reports. (Text: ET Bureau)

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    Watch Essar Steel verdict: What's next for bankruptcy law? | Economic Times With HD Quality

    By The Economic Times| 373 views

  • સુરતમાં 42000 કિશોરોને કોરોના વેક્સિન  અપાશે | MantavyaNews

    સુરતમાં 42000 કિશોરોને કોરોના વેક્સિન અપાશે | MantavyaNews

    #MantvyanewsLive #Ahmedabad

    surat ma 42000 kishoro ne corona rasi apashe !

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    સુરતમાં 42000 કિશોરોને કોરોના વેક્સિન અપાશે | MantavyaNews

    By Mantavya News| 73 views

  • રાજકોટ શહેર તાલુકામાં 42000 હેલ્થ કાર્ડ ઇશ્યુ થયા

    રાજકોટ શહેર તાલુકામાં 42000 હેલ્થ કાર્ડ ઇશ્યુ થયા

    હેલો સૌરાષ્ટ્ર ન્યુઝ સામાન્ય માણસ નો અવાજ
    સૌરાષ્ટ્ર નું સૌથી જૂનું લોક માધ્યમ ફોન નં ૦૨૮૧-૨૪૭૪૭૯૦
    like share subscribe over channel

    રાજકોટ શહેર તાલુકામાં 42000 હેલ્થ કાર્ડ ઇશ્યુ થયા

    By Hello Saurashtra News| 13773 views

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    This is story of Sridevi from Telangana- her transformation from a diligent housewife to a successful entrepreneur.

    A success story of empowerment with help of NTPC’s CSR initiative.

    Watch NTPC Empowering through Self Employment Opportunities (Updated Version, 11.10.2019) With HD Quality

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  • Robotic Process Automation is transforming businesses across the world

    Robotic Process Automation is transforming businesses across the world

    Robotic Process Automation enables users to create software robots, or #Bots, that can observe, mimic & execute repetitive, time consuming #Digital #business processes by studying human actions.
    Watch the video to know how RPA is transforming #businesses.
    #ArtificialIntelligence

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Daily Mirror

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    Delhi Airport पर बड़ा हादसा, मूसलाधार बारिश से टर्मिनल-1 की छत गिरी, कई कारें आई चपेट में, 6 लोग घायल

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    जनता टीवी के साथ देखिये देश-प्रदेश की सभी महत्वपूर्ण और बड़ी खबरें|

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  • Hemant Soren Bail News: हेमंत सोरेन को Jharkhand High Court से मिली बड़ी राहत, मंजूर हुई जमानत

    Hemant Soren Bail News: हेमंत सोरेन को Jharkhand High Court से मिली बड़ी राहत, मंजूर हुई जमानत

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    नोएडा, गुरुग्राम और फरीदाबाद में भारी बारिश से सड़कें लबालब, अंडरपास में पानी भरने से आवाजाही बाधित

    Delhi-NCR Rain : नोएडा, गुरुग्राम और फरीदाबाद में भारी बारिश से सड़कें लबालब, अंडरपास में पानी भरने से आवाजाही बाधित

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    जनता टीवी के साथ देखिये देश-प्रदेश की सभी महत्वपूर्ण और बड़ी खबरें|

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  • संसद शुरू होने से पहले मीडिया से क्या बोले राहुल | Parliament session| Rahul Gandhi Press Conference

    संसद शुरू होने से पहले मीडिया से क्या बोले राहुल | Parliament session| Rahul Gandhi Press Conference

    #DBLiveBreaking : संसद में INDIA का हल्लाबोल -बैकफुट पर सरकार | Rahul Gandhi | PM Modi | Akhilesh

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    संसद शुरू होने से पहले मीडिया से क्या बोले राहुल | Parliament session| Rahul Gandhi Press Conference

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  • Rahul Gandhi On Neet: ‘सदन में पहले हो NEET पर चर्चा’ | Parliament Session | Congress | Paper Leak

    Rahul Gandhi On Neet: ‘सदन में पहले हो NEET पर चर्चा’ | Parliament Session | Congress | Paper Leak

    सदन में पहले हो NEET पर चर्चा

    NEET पर पहले होनी चाहिए बहस

    NEET मामले पर चर्चा जरूरी

    छात्र हैं देश के भविष्य

    संसद के सत्र का आज पांचवां दिन

    सत्र में NEET पर हंगामें का आसार

    #NeetScam #RahulGandhi #ParliamentSession #LatestNews

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    Rahul Gandhi On Neet: ‘सदन में पहले हो NEET पर चर्चा’ | Parliament Session | Congress | Paper Leak

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