Steel slabs sit stacked in a storage warehouse at the ArcelorMittal steel plant in Kryvyi Rih, Ukraine. (Photographer: Vincent Mundy/Bloomberg)

NCLAT May Ask ArcelorMittal To Deposit Rs 42,000 Crore For Acquiring Essar Steel

The National Company Law Appellate Tribunal on Tuesday said it may direct global steel major ArcelorMittal to deposit Rs 42,000 crore bid amount for acquiring Essar Steel in separate accounts durin...