SC puts Essar Steel sale to ArcelorMittal on hold
  • WebDesk BTVI
  • Jul 22 2019

The Supreme Court has put a hold on Essar Steel sale to ArcelorMittal as it maintained a status quo on NCLAT order on the sale. This comes as good news for lenders as the top court has also admitted appeals by lenders and ArcelorMittal. The apex court will hear the Essar Steel insolvency case next on August 7.