Takeover

Creditors Approached NCLT Against ArcelorMittal -Essar Steel Takeover Deal

Orissa Stevedores Ltd, which has Rs 20.46 crore in outstanding dues from Essar Steel, sought a direction to Committee of Essar Steel Creditors "not to take any further action for implementation" the takeover bid made by ArcelorMittal till the settlement proposal is considered.