bankruptcy

Tags - bankruptcy
Ess Dee Aluminium Ltd., which once acquired the three sick units of India Foils a decade ago, has capitulated to insolvency itself.
News ID: 8496    Publish Date : 2020/02/26

There seems to be no end to the delays in bankruptcy case of Essar Steel. Now as per the latest updates, Ahmedabad bench of NCLT (National Company Law Appellate Tribunal) has deferred its verdict on the resolution plan of Arcelor Mittal to 19 February and the subsequent hearing of NCLAT (National Company Law Appellate Tribunal) has been postponed to 28 February.
News ID: 3855    Publish Date : 2019/03/06

Essar Steel - an integrated steelmaker with steel making capacity of 10 MnT p.a. recorded increase in total iron ore & pellet sourcing for the month of Nov'18. The sourcing stood at 1.24 MnT in Nov'18, up 11% M-o-M as against 1.12 MnT in Oct'18.
News ID: 3020    Publish Date : 2018/12/21