The Gujarat High Court today refused to grant any relief to Essar Steel for the insolvency proceedings initiated against it at the Ahmedabad Bench of NCLT.
Essar Steel had moved the high court against Reserve Bank of India (RBI) for initiating insolvency procedure against it.
Justice S.G. Shah today passed an oral order saying no relief will be granted to Essar. A detailed order is expected later today.
Essar Steel's creditors . . .
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