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Business News/ Companies / People/  Essar Steel challenges RBI’s insolvency move in Gujarat high court
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Essar Steel challenges RBI’s insolvency move in Gujarat high court

Essar Steel moves Gujarat HC against insolvency proceedings initiated against it at the National Company Law Tribunal (NCLT) by its lenders after being directed by RBI

Essar Steel submitted that in the year 2016-17, the company had cleared debt to the tune of Rs3,467 crore and that it employs as many as 4,500 people.Premium
Essar Steel submitted that in the year 2016-17, the company had cleared debt to the tune of Rs3,467 crore and that it employs as many as 4,500 people.

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Published: 05 Jul 2017, 10:21 AM IST
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