Tag: GETCO
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Standard Chartered Bank Moves to NCLT against CoC Decision to Pick Arcelor Mittal for Essar Steel: Reports
As per the latest reports, joining the bandwagon of parties that are unhappy with the decision of Arcelor Mittal taking over Essar Steel, one of its creditors Standard Chartered Bank (SCB) has filed an interlocutory application in the bankruptcy court against a panel of lenders selecting ArcelorMittal to takeover debt-ridden Essar Steel, saying the decision…