The National Company Law Appellate Tribunal (NCLAT) has set aside conditions imposed on JSW Steel by the Delhi bench of the National Company law Tribunal, relating to unrecovered dues, carried forward losses and rights of subsidiaries in the Vardhman Industries (VIL) case. A bench headed by NCL...
In September 2013, the office of the Comptroller & Auditor General of India (CAG) had pointed a finger at the Odisha Industries Department for incorrect determination of eligibility of Action Ispat and Power Ltd and 2 others like Vedanta Aluminium Ltd – VAL (...
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