Already restructuring, stop insolvency actions: Essar Steel to Gujarat High Court – Economic Times
AHMEDABAD: The Gujarat High Court today prevented the National Company Law Tribunal from conducting any further proceeding against Essar Steel till July 12 under the Insolvency and Bankruptcy Code. A bench of Justice S G Shah stopped the NCLT from proceeding further against the Essar Steel on the firm’s contention that the RBI‘s direction to…