Standard Chartered Bank (SCB), which has more than 7.5 per cent weightage in the Committee of Essar Steel Creditors, in the petition before the National Company Law Tribunal (NCLT) claimed that ArcelorMittal#39;s revised bid of Rs 42,000 crore was never considered by the CoC.Standard Chartered Bank moves NCLT against CoC selecting Arcelor for Essar Steel
Standard Chartered Bank (SCB), which has more than 7.5 per cent weightage in the Committee of Essar Steel Creditors, in the petition before the National Company Law Tribunal (NCLT) claimed that ArcelorMittal#39;s revised bid of Rs 42,000 crore was never considered by the CoC.
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