My grouses with the Supreme Court’s Ruchi Soya judgment
The NCLT, Ahmedabad just reserved its judgment in the fresh round of litigation in the seemingly interminable Essar Steel insolvency. Among other issues, it will decide on an application by Essar’s former directors to set aside the approval of Essar’s Committee of Creditors (CoC) to ArcelorMittal’s resolution plan. The directors [...]