Friday, 1 September 2017

Lenders to Essar Steel and IRP spar over capital control


MUMBAI: Lenders to Essar Steel and the insolvency resolution professional (IRP) have got into a tussle over whether banks can continue to exercise control over the bankrupt company’s cash flows or scrap the curbs to facilitate operations.

You can read more here: Lenders to Essar Steel and IRP spar over capital control

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