Podcast | Digging Deeper: The Essar Steel saga
Episode 861, Feb 05, 2019, 02:53 PM
It has not been a happy new year for the promoters of Essar Steel. On February 4, the NCLAT, or the National Company Law Appellate Tribunal, directed the Ahmedabad bench of the NCLT, or the National Company Law Tribunal, to decide on the insolvency plea filed against Essar Steel (India) Ltd. by February 11. A two-member NCLAT bench headed by Justice SJ Mukhopadhaya said the appellate tribunal would hear the matter on 12 February, but only after it had been heard at NCLT, Ahmedabad.