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| 1355 views

  • 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| 350 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| 1563 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| 250 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| 331 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| 402 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| 78 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| 13794 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| 1355 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| 350 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| 1563 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| 250 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| 331 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| 402 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| 78 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| 13794 views

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    Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi Party

    Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi Party

    #arvindkejriwal #education #aamaadmiparty

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    Arvind Kejriwal on Baba Saheb Ambedkar:
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    Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi Party

    By AAP| 212116 views

  • Blatant Violation of model code of conduct in Odisha

    Blatant Violation of model code of conduct in Odisha

    Blatant Violation of model code of conduct in Odisha


    Watch Blatant Violation of model code of conduct in Odisha With HD Quality

    By Dharmendra Pradhan| 827985 views

  • Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

    Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

    Subscribe Now - http://bit.ly/2ofH4S4 Stay Updated! ????


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    Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

    By Bharatiya Janata Party Delhi| 76055 views

  • Special Briefing on the Visit of President of Maldives to India (August 02, 2022)

    Special Briefing on the Visit of President of Maldives to India (August 02, 2022)



    Special Briefing on the Visit of President of Maldives to India (August 02, 2022)

    By Ministry of External Affairs, India| 196419 views

  • ECI Press Briefing

    ECI Press Briefing

    Press briefing of Election Commission of India on completion of 2nd Phase of #LokSabhaElection2019 and State Legislative Assemblies elections.

    #PollingDay #DeskKaMahaTyohaar #NoVoterToBeLeftBehind

    Watch ECI Press Briefing With HD Quality

    By Election Commission of India| 434034 views

Daily Mirror

  • GST Council Meeting: क्या सस्ता-क्या महंगा हुआ?,Nirmala Sitharaman ने कर दिया बड़ा एलान! | Modi Govt

    GST Council Meeting: क्या सस्ता-क्या महंगा हुआ?,Nirmala Sitharaman ने कर दिया बड़ा एलान! | Modi Govt

    सोमवार को वित्त मंत्री निर्मला सीतारमण के अध्यक्षता में GST काउंसिल की अहम बैठक का आयोजन किया गया.. इस बैठक में मुख्य रूप से दो मुद्दों पर चर्चा होनी थीं…. हेल्थ इंश्योरेंस पर जीएसटी की दरें कम करने, और 2000 रुपये से कम के ऑनलाइन (डेबिट और क्रेडिट कार्ड से) ट्रांजेक्शन पर 18% जीएसटी लगाने का मामला था…. फिलहाल इंश्योरेंस प्रीमियम सस्ता होने नहीं जा रहा है, क्योंकि इस मसले पर अंतिम फैसला अगली बैठक तक के लिए टाल दिया गया है…

    #gst #gstcoucilmeeting #goodsandservicestax #taxation #topnews #nirmalasitharaman #financeminister

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    GST Council Meeting: क्या सस्ता-क्या महंगा हुआ?,Nirmala Sitharaman ने कर दिया बड़ा एलान! | Modi Govt

    By PunjabKesari TV| 918 views

  • Delhi-NCR में भूकंप के तेज झटके, मचा हड़कंप | Delhi NCR Earthquake LIVE Updates

    Delhi-NCR में भूकंप के तेज झटके, मचा हड़कंप | Delhi NCR Earthquake LIVE Updates

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    Delhi-NCR में भूकंप के तेज झटके, मचा हड़कंप | Delhi NCR Earthquake LIVE Updates

    By PunjabKesari TV| 999 views

  • Delhi:2 दिन बाद दूंगा CM पद से इस्तीफा,जनता की अदालत में साबित करुंगा अपनी ईमानदारी-Arvind Kejriwal

    Delhi:2 दिन बाद दूंगा CM पद से इस्तीफा,जनता की अदालत में साबित करुंगा अपनी ईमानदारी-Arvind Kejriwal

    Delhi:2 दिन बाद दूंगा CM पद से इस्तीफा,जनता की अदालत में साबित करुंगा अपनी ईमानदारी-Arvind Kejriwal

    #delhi #arvindkejriwal #jantatv #cmarvindkejriwal #aamaadmiparty #aapnews #jantatv

    Janta TV News Channel:
    जनता टीवी हरियाणा, पंजाब और हिमाचल प्रदेश का सर्वश्रेष्ठ हिंदी न्यूज चैनल है। जनता टीवी न्यूज चैनल राजनीति, मनोरंजन, बॉलीवुड, व्यापार और खेल में नवीनतम समाचारों को शामिल करता है। जनता टीवी न्यूज चैनल की लाइव खबरें एवं ब्रेकिंग न्यूज के लिए बने रहें ।
    जनता टीवी के साथ देखिये देश-प्रदेश की सभी महत्वपूर्ण और बड़ी खबरें|

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    By Janta TV| 1042 views

  • Anil Vij ने CM पद के लिए ठोका दावा, कहा- मैं छह बार का विधायक हूं, पार्टी से आज तक कुछ नहीं मांगा

    Anil Vij ने CM पद के लिए ठोका दावा, कहा- मैं छह बार का विधायक हूं, पार्टी से आज तक कुछ नहीं मांगा

    Anil Vij ने CM पद के लिए ठोका दावा, कहा- मैं छह बार का विधायक हूं, पार्टी से आज तक कुछ नहीं मांगा

    #anilvij #haryanacm #haryanapolitics #bjp #haryananews #anilvijnews #haryanaelection2024 #jantatv

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    जनता टीवी हरियाणा, पंजाब और हिमाचल प्रदेश का सर्वश्रेष्ठ हिंदी न्यूज चैनल है। जनता टीवी न्यूज चैनल राजनीति, मनोरंजन, बॉलीवुड, व्यापार और खेल में नवीनतम समाचारों को शामिल करता है। जनता टीवी न्यूज चैनल की लाइव खबरें एवं ब्रेकिंग न्यूज के लिए बने रहें ।
    जनता टीवी के साथ देखिये देश-प्रदेश की सभी महत्वपूर्ण और बड़ी खबरें|

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    By Janta TV| 968 views

  • भारत में कैसे यह गांव बन गया सूखे से हरियाली की मिसाल  #DWGlobalIdeas #Drought #Maharashtra  #dblive

    भारत में कैसे यह गांव बन गया सूखे से हरियाली की मिसाल #DWGlobalIdeas #Drought #Maharashtra #dblive

    महाराष्ट्र के इस गांव ने कैसे पानी का सही इस्तेमाल कर के सूखे से हरियाली तक का सफर तय किया.

    #DWGlobalIdeas #Drought #Maharashtra

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    भारत में कैसे यह गांव बन गया सूखे से हरियाली की मिसाल #DWGlobalIdeas #Drought #Maharashtra #dblive

    By DB Live| 840 views