Finance Essar Steel Case: Supreme Court rejects pleas by operational creditors Updated : February 11, 2019 02:01 PM IST The National Company Law Appellate Tribunal (NCLAT) had issued a February 11 deadline for the Ahmedabad Bench to decide on the bid placed by ArcelorMittal. The Supreme Court said the Essar promoters are acting through operational creditors, people and proxies to delay the process and it has been 571 days since the inception of the insolvency proceedings. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.