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Wednesday, November 5, 2025
TopicNCLAT

Topic: NCLAT

Supreme Court clears way for ArcelorMittal to acquire Essar Steel

The Supreme Court allowed ArcelorMittal to complete its acquisition of Essar Steel India Ltd. by setting aside NCLAT’s order that gave secured and unsecured creditors equal right over sale proceeds.

Why Essar Steel insolvency case is back in Supreme Court, mocking hope of swift resolution

Since the first RBI order in June 2017, the Essar Steel insolvency case has shuttled between NCLT, Gujarat HC, NCLAT and the Supreme Court.

Court blocks JSW Steel’s $2.8 billion buyout of Bhushan Power

The Enforcement Directorate has taken over the assets of Bhushan Power as it investigates allegations of money laundering by its former owners.

Failing to challenge NCLAT’s loan classification can further damage RBI’s credibility

The National Company Law Appellate Tribunal ordered that no lender can declare its exposure to embattled IL&FS Group as non-performing without its permission.

On Camera

Sudan shows what happens when the world is happy to let mass killers rule

Fourteen million refugees, and 25 million facing acute hunger, should be reason enough for the world to dismantle the dystopia in Sudan — even if the sadism of its rulers is not.

Kerala’s silent startup surge—work near home, smooth roads, fast internet & diaspora engagement

Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.

India & Israel ink agreement to share, co-develop & co-produce advanced defence tech

Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday. 

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.