NCLT directs ArcelorMittal to pay Rs 1,300 crores CIRP cost to Odisha Slurry Pipeline Infrastructure

ArcelorMittal has been directed to pay the amount by December 15, 2020.

The National Company Law Tribunal, Ahmedabad Bench has directed ArcelorMittal India, the successful Resolution Applicant of Essar Steel, to pay CIRP cost of almost Rs 1,300 crores to Odisha Slurry Pipeline Infrastructure (Srei Infrastructure Finance Limited vs ArcelorMittal India Pvt Ltd)

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