NCLT admits SBI’s plea seeking insolvency proceedings against steelmaker Reform Ferro, Legal News, ET LegalWorld – Legal Firms

The bankruptcy court has allowed the State Bank of India's petition seeking to initiate insolvency proceedings against Kolkata-based steelmaker Reform Ferro Cast and appointed Arun Kumar Gupta as its interim resolution professional. State-owned lender SBI had approached the Kolkata bench of the National Company Law Tribunal (NCLT) against the steelmaker...