Latest News on Gujarat Energy Transmission Corp
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Gujarat Energy Transmission Corp - Total results - 2
Nov 26, 2018
Standard Chartered Bank moves NCLT against CoC selecting ArcelorMittal for Essar SteelStandard Chartered Bank claimed that ArcelorMittal's revised bid of Rs 42,000 crore was never considered by the CoC.
Nov 19, 2018
Essar Steel insolvency: GAIL, GETCO move NCLT seeking rejection of ArcelorMittal's takeover bidLast month, a committee of Essar Steel lenders picked ArcelorMittal's Rs 42,000-crore proposal to take over the debt-laden company by paying Rs 41,987 crore out of total dues of Rs 49,395 crore of financial creditors. Operational creditors, under the plan, are to get just Rs 214 crore against the outstanding of Rs 4,976 crore.