Drawing fresh battle lines with Numetal, the Ranchi-based company through lawyers Raghav Shankar and Ruby Ahuja, with heavyweights Harish Salve and A M Singhvi on the flanks, mentioned the petition before a bench headed by Dipak Misra and accused the NCLAT of putting an impossible condition — pay Rs 7,000 crore within three days to rid itself of the stigma of being promoter of NPA-laden Uttam Galva Steels and KSS Petron — to be eligible to bid for Essar Steel. Read more…
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