Essar Steel challenges SBI’s insolvency plea at NCLT’s Ahmedabad bench – Business Standard
Essar Steel on Monday sought dismissal of an application for insolvency proceedings filed against it by lead creditor State Bank of India (SBI) on “technical grounds” at the National Company Law Tribunal (NCLT), Ahmedabad bench. The ongoing hearing of insolvency proceedings against Essar Steel initiated by SBI and Standard Chartered Bank (SCB) at…