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Essar Steel case: Supreme Court allows two weeks to ArcelorMittal, NuMetal to repay any outstanding dues

Updated : October 04, 2018 01:07 PM IST

The Committee of Creditors to consider both proposals within eight weeks after curing of the defects, the top court said.
NuMetal had alleged that NCLAT had "wrongly" applied legal provisions to enable its rival bidder to pay the dues of two debt-ridden firms even after it had bid for Essar Steel.
Published : October 04, 2018 10:49 AM IST

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