NCLAT stays order directing ArcelorMittal to pay Rs 1,300 crores CIRP cost to Odisha Slurry Pipeline Infrastructure

ArcelorMittal has filed an appeal against the direction passed by the Ahmedabad bench of National Company Law Tribunal to pay CIRP cost to Odisha Slurry Pipeline Infrastructure.
NCLAT stays order directing ArcelorMittal to pay Rs 1,300 crores CIRP cost to Odisha Slurry Pipeline Infrastructure
ArcelorMittal

The National Company Law Appellate Tribunal has stayed the order directing ArcelorMittal India, the successful Resolution Applicant of Essar Steel, to pay CIRP cost of almost Rs 1,300 crores to Odisha Slurry Pipeline Infrastructure till December 15, 2020. (ArcelorMittal India Pvt Ltd vs Srei Infrastructure Finance Limited)

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