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JSW Steel, AION Capital win bid to acquire bankrupt Monnet Ispat in insolvency auction
•JSW Steel led consortium has won the bid to acquire bankrupt Monnet Ispat and Energy Ltd (MIEL) in an insolvency auction.
ArcelorMittal hits out at JSW Steel, calls decision on Monnet Ispat 'mockery'
•JSW Steel in a statement said it has declared as qualified resolution applicant as per the provisions of section 29(A) of Insolvency and bankruptcy code (IBC) 2016.