SC allows NCLT Ahmedabad to decide Essar Steel insolvency case
- The orders in question passed by the appellate tribunal are of 23 January and 4 February
- Solicitor-General Tushar Mehta, appearing for IOC, told the court that it would need more time to argue before the NCLT
New Delhi: The Supreme Court on Monday dismissed a plea by operational creditors of Essar Steel, including Indian Oil Corporation (IOC), which had sought a stay in insolvency proceedings against the debt-laden company.
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