BPCL seeks liquidation of Essar Steel
The financial creditors had voted in favour of the resolution plan of ArcelorMittal on 25 October
NCLAT on Monday directed the NCLT Ahmedabad bench to take a final decision on ArcelorMittal's resolution plan for Essar Steel
AHMEDABAD : Bharat Petroleum Corp Ltd (BPCL) today sought the liquidation of the assets of Essar Steel India Ltd at a bankruptcy court. The public sector oil company objected to ArcelorMittal’s resolution plan, which, it said, sidestepped dues to operational creditors like BPCL.