New Delhi, January 3
The National Company Law Appellate Tribunal (NCLAT) on Thursday asked the Ahmedabad bench of National Company Law Tribunal (NCLT) to expeditiously take a final decision in the Essar Steel insolvency case, where ArcelorMittal emerged as the highest bidder.
A two-member bench, headed by NCLAT Chairman Justice SJ Mukhopadhaya, asked the NCLT bench to take an early decision in the matter as per the order passed by the Supreme Court in this regard.
The appellate tribunal was hearing an application filed by the committee of creditors (CoC) seeking an early decision.
Senior advocate Gopal Subramanium appearing for the CoC said the NCLT was adjoining the matter without giving any reason twice.
The matter is listed at NCLT Ahmedabad on January 7 for next hearing. PTI
Most Read In 24 Hours
Don't Miss
View All
Top News
3 Indian women killed in US as overspeeding SUV goes airborne, crashes into trees
Police say when the vehicle jumped all four lanes of traffic...
Massive forest fires rage in Uttarakhand's Nainital; IAF called in
As many as 31 fresh incidents of forest fires are reported f...
2 CRPF personnel killed in militant attack in Manipur’s Bishnupur
Militants attacked India Reserve Battalion camp at Naransein...
Mamata Banerjee slips and falls while boarding helicopter in Paschim Bardhaman’s Durgapur
West Bengal CM was on way to Kulti for an election rally whe...
ED acted in ‘most highhanded manner’ in excise policy case, Arvind Kejriwal tells Supreme Court
Delhi CM Kejriwal is currently lodged in Tihar jail
