https://www.taxtmi.com/caselaws?id=422879 The court concluded that all claims against Essar Steel India Ltd. (ESIL) and ArcelorMittal Nippon Steel India Ltd. stand extinguished by virtue of the Supreme Court-approved Resolution Plan, as per the judgment in 2020 (8) SCC 531. The claims, liabilities, and proceedings related to ESIL were settled and discharged upon the approval of the Resolution Plan, with all stakeholders bound by its terms. The court allowed the Special Civil Application, extinguishing all claims against ESIL and upholding the binding nature of the Resolution Plan on all parties involved. en-us Fri, 06 May 2022 00:00:00 +0530 Wed, 25 May 2022 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422879 The court concluded that all claims against Essar Steel India Ltd. (ESIL) and ArcelorMittal Nippon Steel India Ltd. stand extinguished by virtue of the Supreme Court-approved Resolution Plan, as per the judgment in 2020 (8) SCC 531. The claims, liabilities, and proceedings related to ESIL were settled and discharged upon the approval of the Resolution Plan, with all stakeholders bound by its terms. The court allowed the Special Civil Application, extinguishing all claims against ESIL and upholding the binding nature of the Resolution Plan on all parties involved. Case-Laws Insolvency and Bankruptcy Fri, 06 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422879