IBC: How Much Essar Steel’s Lenders Have Lost Since The Bankruptcy Filing
Cleaning and maintenance of the south clock face of Big Ben, London. (Photographer: Shaun Curry/Bloomberg News)

IBC: How Much Essar Steel’s Lenders Have Lost Since The Bankruptcy Filing

At the time Essar Steel Ltd. was admitted for insolvency resolution it had racked up financial debt of at least Rs 50,000 crore. Another Rs 5,000 crore in claims by financial creditors were rejecte...
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