Tag: Numetal
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Update: Arcelor Mittal and Numetal Asked to Clear Dues in Order to Bid for Essar Steel
On 20 Apr’18, the Ahmedabad bench of NCLT (National Company Law Tribunal) had declared the invitation for the company’s second round of bidding as invalid and had asked the lenders and RP (Resolution Professional) of bankrupt Essar Steel to reconsider the first bids submitted by original bidders Arcelor Mittal and Numetal. Now as per the…