Arcelor Mittal files contempt petition before Bombay High Court over ₹80 crore security payable by Essar

The High Court had in December 2020 directed deposit of the ₹80 crore security amount by the Essar companies.
Arcelor Mittal, Essar Group (both logos) with Bombay High Court
Arcelor Mittal, Essar Group (both logos) with Bombay High Court

Arcelor Mittal Nippon Steel India has filed a contempt petition before the Bombay High Court related to a previous order in which Essar Services India Private Limited (ESIPL) and Essar House Private Limited (EHPL) were directed to deposit ₹80 crore as security deposit in an arbitration dispute.

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