Essar Steel India
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Court Dismisses Essar Steel Appeal Against Bankruptcy Proceedings
The Gujarat High Court on Monday dismissed Essar Steel India Ltd's appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said.
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Iran-India $2.5 Billion Steel Deal Totters As End Of Sanctions Looms
India's largest-ever steel export deal, struck with Iran in 2014 to allow it to buy the metal without violating Western sanctions that are now set to end, has become mired in a dispute that has seen no payments made or shipments delivered since last fall.
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Court Dismisses Essar Steel Appeal Against Bankruptcy Proceedings
The Gujarat High Court on Monday dismissed Essar Steel India Ltd's appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said.
-
Iran-India $2.5 Billion Steel Deal Totters As End Of Sanctions Looms
India's largest-ever steel export deal, struck with Iran in 2014 to allow it to buy the metal without violating Western sanctions that are now set to end, has become mired in a dispute that has seen no payments made or shipments delivered since last fall.
