Tag: Monnet Ispat

JSW Steel Led Consortium Bid to Acquire Monnet Ispat Approved by CCI – What Does it Means?

May 14, 2018

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by

Aditi Tiwari

in HRC

In a recent update on Monnet Ispat and Energy Ltd (MIEL) bankruptcy case, the CCI (Competition Commission of India) has given its approval for the acquisition bid led by a consortium of JSW Steel and Aion Capital. The company were identified as the 12 big bad loans by RBI (Reserve Bank of India) against which…