Receives 2 resolution plansElectrosteel Steels announced that the Resolution Professional on close of business on 04 January 2018 has received 4 Resolution Plans from following resolution applicants:
1. Renaissance Steel India;
2. Tata Steel;
4. Edelweiss Alternative Asset Advisors acting as the investment advisor of EISAF II and EC Holdings, with support of Edelweiss Asset Reconstruction Company.
The RP of the Company is in the process of verifying the same in accordance with the provisions of the IBC and related rules and regulations issued thereunder.
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