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Essar Steel Case: NCLT adjourns hearing to Dec 10

Updated : November 28, 2018 02:27 PM IST

Ravi Kadam, arguing on behalf of the committee of creditors (CoC), said that the CoC has already approved the sale of Essar Steel to ArcelorMittal-Nippon Steel.
ArcelorMittal resolution plan includes an upfront payment of Rs 42,000 crore and another Rs 8,000 crore into Essar Steel to support operational improvement.
Essar Steel Case: NCLT adjourns hearing to Dec 10

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