Battle for Essar steel: SC rejects pleas by operational creditors

The Economic Times | A Times Internet Limited product

In a big setback to operational creditors of Essar Steel, SC today rejected their plea for a stay against Feb 11 NCLAT order which paves the way for Arcelor Mittal's buyout of Essar. ET NOW explains SC's major observations and tells how soon can the deal materialize.
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