The Committee of Creditors (CoC) of Rohit-Ferro Tech Ltd has declared Tata Steel Mining as the successful resolution applicant for the insolvent ferro alloy manufacturing company
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Tata Steel|mining activity|Indo Borax Chemicals
IANS | Mumbai
Last Updated at June 7, 2021 12:21 IST
In yet another acquisition for Tata Steel under the Insolvency and Bankruptcy Code, its wholly owned subsidiary, the Committee of Creditors (CoC) of Rohit-Ferro Tech Ltd has declared Tata Steel Mining as the successful resolution applicant for the insolvent ferro alloy manufacturing company.
The National Company Law Tribunal (NCLT) will have to next approve the resolution proposal.
“Tata Steel Mining Limited (TSML), a wholly owned subsidiary…
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