The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked the Ahmedabad bench of National Company Law Tribunal (NCLT) to pass appropriate orders in the Essar Steel insolvency case by January 31, failing which the appellate tribunal would take up the matter and pass orders in the case on February 4, when it will hear the matter. The NCLT bench of Ahmedabad has reserved its order on a maintainability plea moved by erstwhile promoters of Essar Steel who have offered to settle the debt by paying back all the creditors.
Appearing for ArcelorMittal, Senior Advocate Neeraj Kishan Kaul on Wednesday said that the Supreme Courts order of October in the Essar Steel insolvency case h…
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