Essar Steel Insolvency case: Aurora Enterprises would have no control over firm, says Numetal to NCLAT
NCLAT had earlier asked for confirmation that Rewant Ruia as a shareholder of Numetal through AEL does not have a business or financial relation with Ravi Ruia for the purposes of Numetal's bid.
Essar Steel insolvency: Numetal moves NCLAT ahead of lenders' meet, hopes to pre-empt plausible call for fresh bids
Ahead of the lenders' meeting on Friday which may ask for fresh bids for the bankrupt Essar Steel's assets, Numetal on Thursday approached the NCLAT
ArcelorMittal has challenged committee of creditors' last week decision to reject its bid for Essar Steel on technical grounds at Ahmedabad bench of NCLT