Arcelormittal Hid Info From Lenders?
  • WebDesk BTVI
  • May 07 2019

The bankrupt company's majority shareholder Essar Steel Asia Holdings has moved the National Company Law Apellate Tribunal asking for a rejection of Arcelormittal's Rs 42,000 Cr bid. Essar Steel Asia Holdings has claimed that Arcelormittal suppressed & concealed vital information from lenders and courts. Court has now sought details of all Essar Steel dues to lenders. NCLAT will hear the case on may 13. BTVI's Rituparna Nath with more details.