Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

By Beena Parmar

  • 16 Jul 2019
Premium
Credit: Reuters

A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has left stressed asset investors and lenders worried over its potential negative implications. Lenders, investors and analysts say the decision of the National Company Law Appellate Tribunal (NCLAT) earlier this month to ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.