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

By Beena Parmar

  • 16 Jul 2019
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Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
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 ......

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