Essar Steel promoters had made the Offer to pay Rs 54,389 crore to clear all outstanding, including of operational creditors on Thursday, the day when the Committee of Creditors (CoC) of the debt-laden company choose Rs 42,000 crore offer of ArcelorMittal.
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The post Essar Steel insolvency: Company says promoters’ offer should not be ignored for process lacunae as ArcelorMittal emerges winner appeared first on Firstpost.
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