22 April 2024


Search Results for Tag : Steel

Notifications & Circulars

Commerce and Industry Minister Launches Steel Import Monitoring System(16.09.2019)

Union Minister of Commerce & Industry and Railways, Piyush Goyal and Minister of State for Commerce & Industry, Hardeep Singh Puri launched Steel Impo.....

Tags : Launch, Steel Import, Monitoring System

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Amendment in Import policy of Iron and Steel and incorporation of policy condition in Chapter 72, 73 and 86 of ITC(HS), 2017 Schedule-1(21.11.2019)

1. Kind reference is invited to DGFT Notification No.'s 17/2015-2020 & 32/2015-20 dated 05.09.2019 & 13.11.2019 respectively. Further vide Circular No.....

Tags : Amendment, Import policy, Iron and Steel

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Steel Minister Gives Green Signal to Joint Venture for First Auto-Shredding Plant in India for Recycling of Specialized Steels and Other Non-Ferrous Metals(08.08.2016)

For setting up a Joint Venture Company for the first Auto Shredding Plant in India, a Joint Venture agreement was signed between MSTC Limited and Mahi.....

Tags : Joint Approval, Recycling, Specialized Steels

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Cabinet approves National Steel Policy 2017(03.05.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for National Steel Policy (NSP) 2017.

The new St.....

Tags : Policy, Approval, Steel

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Cabinet approves Pact between India and Japan in Steel Sector(11.12.2019)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for signing the Memorandum of Cooperation (MoC) between Gove.....

Tags : Pact, Approval, Steel Sector

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Central Government declares the services engaged in iron & steel industry to be a public utility service for ID Act, 1947 for a further period of six months effective from 17th Feb., 2024(14.02.2024)

Whereas the Central Government is satisfied that public interest so requires that the services engaged in the Iron and Steel, which is covered under i.....

Tags : Services, Iron and steel industry, Public utility

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News

Patna HC Seeks Response Over Delay of 14 Years in Setting Up Steel Plant in Bihar(09.03.2022)

Patna High Court has sought a response from the Union Government and the State of Bihar, over a delay of 14 years in setting up the first steel plant .....

Tags : Patna High Court, Steel Plant in Bihar

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NCLT Refuses Petition Against India Steel(11.05.2020)

National Company Law Tribunal has refused to admit an insolvency Petition filed by India Resurgence Asset Reconstruction Company, a joint venture betw.....

Tags : National Company Law Tribunal, India Steel

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SC Grants Opportunity to ArcelorMittal, NuMetal to Bid for Essar Steel(04.10.2018)

Supreme Court has granted one more opportunity to mining major ArcelorMittal and Russia’s VTB Capital-backed NuMetal to bid for Essar Steel if they cl.....

Tags : Supreme Court, ArcelorMittal, NuMetal, Essar Steel

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NCLAT Declines to Stay ElectroSteel Steels' Delisting(29.06.2018)

National Company Law Appellate Tribunal (NCLAT) has refused to stay the delisting process of debt-ridden firm ElectroSteel Steel under the resolution .....

Tags : National Company Law Tribunal, ElectroSteel

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NCLT Delhi Seeks Reply of Bhushan Steel's Monitoring Committee on Policy for Retirement(07.08.2020)

National Company Law Tribunal, Delhi has sought response from the Monitoring Committee of Bhushan Power & Steel Limited in relation to its retirement .....

Tags : National Company Law Tribunal, Bhushan Power & Steel Limited

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AAR, West Bengal: Dismantling of Existing Sleeper and Installing New Ones Attracts 12% GST(06.05.2022)

Authority of Advance Ruling, West Bengal has held that the dismantling of existing sleeper fixings and/or installation of H-Bean Steel sleepers for ra.....

Tags : Authority of Advance Ruling, sleeper fixings, H-Bean Steel sleepers, Goods and Services Tax

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Bombay HC Puts on Hold NGT’s Proceeding Against JSW’s Steel Plant in Alibaug(08.12.2016)

Bombay High Court has stayed National Green Tribunal’s (NGT) proceedings following a notice to JSW group’s Alibaug Steel Plant alleging it of violatin.....

Tags : Bombay High Court, JSW group, Steel Plant

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NGT Stays Steel Flyover Project in Bengaluru(02.11.2016)

National Green Tribunal (NGT) has issued an interim injunction against proposed steel flyover planned by Bangalore Development Authority (BDA).

Tags : NGT, Bangalore Development Authority, steel flyover

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Government Imposes Anti-Dumping Duty on Wire Rod Imports from China(04.11.2016)

Centre has imposed anti-dumping duty on imports of steel wire rods from China to protect domestic manufacturers from cheap in-bound shipments.

Tags : anti-dumping, imports, steel wire rods, China

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NCLT Orders Liquidation of Kamineni Steel and Power(29.10.2018)

National Company Law Tribunal has ordered liquidation of Kamineni Steel and Power India and also appointed R Ramakrishna Gupta as liquidator.

Tags : NCLT, Kamineni Steel and Power

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Delhi HC Dismisses Jindal’s Plea For Dumping Fly Ash into Chhattisgarh Mine(25.01.2017)

Delhi High Court has dismissed a plea by Jindal Steel and Power Ltd (JSPL) seeking permission to continue dumping of fly ash into Gare Palma IV/I mine.....

Tags : Delhi High Court, Jindal Steel and Power Ltd, Fly Ash

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NCLAT Rejects Tata Steel’s Plea to Uphold its Bid for Bhushan Power(05.02.2019)

National Company Law Appellate Tribunal (NCLAT) has turned down Tata Steel’s plea to consider its bid for the debt-ridden Bhushan Power & Steel as the.....

Tags : NCLAT, Tata Steel, Bhushan Power & Steel

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NCLAT Rejects Tata Steel’s Plea to Uphold its Bid for Bhushan Power(05.02.2019)

National Company Law Appellate Tribunal (NCLAT) has turned down Tata Steel’s plea to consider its bid for the debt-ridden Bhushan Power & Steel as the.....

Tags : NCLAT, Tata Steel, Bhushan Power & Steel

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SC Allows NCLT Ahmedabad to Decide Essar Steel Insolvency Case(12.02.2019)

Supreme Court has dismissed a plea by operational creditors of Essar Steel, including Indian Oil Corporation (IOC), which had sought a stay in insolve.....

Tags : Supreme Court, NCLT, Essar Steel

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NCLAT Extends Deadline for NCLT Ahmedabad to Decide on Essar Steel Insolvency Case(12.02.2019)

National Company Law Appellate Tribunal (NCLAT) has extended the deadline for NCLT Ahmedabad to decide over Rs. 42,000 crore resolution plan submitted.....

Tags : NCLT, Essar Steel

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Government can't Go Further with Steel Bridge Without Environmental Clearance: Karnataka HC(10.01.2019)

Karnataka High Court has ruled that the Bengaluru Development Authority (BDA) cannot go ahead with the Steel Bridge project without seeking environmen.....

Tags : Karnataka High Court, Steel Bridge

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Delhi HC Directs RBI to Reconsider Jindal Steel and Power Ltd Application(07.12.2020)

Delhi High Court has remanded to the Reserve Bank of India, an application by Jindal Steel and Power Ltd (JSPL) to transmit $300 million to its wholly.....

Tags : Delhi High Court, Reserve Bank of India, Jindal Steel and Power Ltd

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Delhi HC Directs RBI to Reconsider Jindal Steel and Power Ltd Application(07.12.2020)

Delhi High Court has remanded to the Reserve Bank of India, an application by Jindal Steel and Power Ltd (JSPL) to transmit $300 million to its wholly.....

Tags : Delhi High Court, Reserve Bank of India, Jindal Steel and Power Ltd

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Delhi HC Issues Notice on RBI Appeal Against Order on Transfer to Mauritius Subsidiary(04.01.2021)

Delhi High Court has issued notice to Jindal Steel and Power Ltd (JSPL) on an appeal by the Reserve Bank of India (RBI) against an earlier order of th.....

Tags : Delhi High Court, Jindal Steel and Power Ltd

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INSOLVENCY - NCLAT Allows Implementation of Arcelor Mittal's Resolution Plan for Essar Steel(19.03.2019)

National Company Law Appellate Tribunal (NCLAT) has given conditional approval to Arcelor Mittal's Rs 42,000 crore resolution plan for Essar Steel, su.....

Tags : National Company Law Appellate Tribunal, Arcelor Mittal, Essar Steel

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INSOLVENCY - NCLAT Directs Fresh Essar Steel CoC Meet on Funds Distribution(22.03.2019)

National Company Law Appellate Tribunal (NCLAT) has asked resolution professional of Essar Steel India to call a fresh meeting of committee of credito.....

Tags : NCLAT, Essar Steel

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Gujarat HC Issues Notice to AM/NS India Over Non-Compliance of Order(01.03.2021)

Gujarat High Court has issued a notice to the Hazira-based steel company, ArcelorMittal Nippon Steel (AM/NS) India after a Public Interest Litigation .....

Tags : Gujarat High Court, ArcelorMittal Nippon Steel (AM/NS) India

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INSOLVENCY - Essar Steel Insolvency: NCLT Rejects RIL's Plea Opposing Arcelor Bid(27.02.2019)

National Company Law Tribunal (NCLT), Ahmedabad has rejected Mukesh Ambani-led Reliance Industries Limited (RIL)'s plea opposing ArcelorMittal's Rs. 4.....

Tags : NCLT, Essar Steel Insolvency

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INSOLVENCY - NCLT Rejects Essar Steel's Operational Creditors Plea Against Arcelor's Bid(01.03.2019)

National Company Law Tribunal (NCLT)-Ahmedabad has rejected debt-laden Essar Steel India’s (ESIL’s) operational creditors (OCs) plea against ArcelorMi.....

Tags : NCLT, Essar Steel

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Karnataka HC Rejects MML Plea to Add Counter Claim to Petition of JSW Steel Ltd.(25.01.2021)

Karnataka High Court has rejected a Mysore Minerals Ltd (MML) plea to add a counterclaim of about Rs 1,172.79 Crores to a petition of JSW Steel Ltd, w.....

Tags : Karnataka High Court, Mysore Minerals Ltd, JSW Steel Ltd.

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Essar Steel Bids: NCLAT Asks NCLT to Pass Order by January 31(24.01.2019)

National Company Law Appellate Tribunal (NCLAT) has asked Ahmedabad bench of the National Company Law Tribunal (NCLT) to pass an order by January 31 o.....

Tags : Essar Steel

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Essar Steel: NCLT Rejects Promoter Ruias’ Settlement Bid(30.01.2019)

National Company Law Tribunal (NCLT) has rejected the settlement offer by Essar Steel’s promoters, the Ruia family, paving the way for the acceptance .....

Tags : NCLT, Essar Steel

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NCLAT Says Essar Steel Lenders can't Discriminate Among Operational Creditors(24.04.2019)

National Company Law Appellate Tribunal has observed that Committee of Creditors of Essar Steel cannot discriminate among operational creditors of the.....

Tags : NCLAT, Essar Steel

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CCI Approves NBCC's Takeover of Hindustan Steelworks Construction(04.04.2017)

Competition Commission of India (CCI) has approved the proposal of NBCC India Ltd to acquire Hindustan Steelworks Construction Ltd.

Tags : Competition Commission of India, NBCC India Ltd., Steelworks Construction Ltd.

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INSOLVENCY - NCLAT Asks Ruias to First Clear Dues to Consider its bid for Essar Steel(15.03.2019)

National Company Law Appellate Tribunal (NCLAT) has directed promoters of Essar Steel to pay their dues, as per the orders of the Supreme Court, sayin.....

Tags : NCLAT, Ruias, Essar Steel

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INSOLVENCY - NCLAT Asks ArcelorMittal to Consider Revising Bid for Essar Steel(15.03.2019)

National Company Law Appellate Tribunal (NCLAT) has asked ArcelorMittal to consider revising its Rs. 42,000 crore bid for Essar Steel India Limited (E.....

Tags : NCLAT, Essar Steel, Arcelor Mittal

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INSOLVENCY - NCLAT Refuses to Stay NCLT Nod to ArcelorMittal Resolution Plan for Essar Steel(18.03.2019)

National Company Law Appellate Tribunal has refused to stay a bankruptcy court order approving ArcelorMittal's Rs. 42,000 crore takeover bid for Essar.....

Tags : NCLAT, Essar Steel, Arcelor Mittal

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SC Puts on Hold ArcelorMittal's Payment for Essar Steel(15.04.2019)

Supreme Court has ordered a status quo in the Essar Steel case till Delhi-based National Company Law Appellate Tribunal (NCLAT) decides on the final p.....

Tags : Supreme Court, Essar Steel, ArcelorMittal

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INSOLVENCY - NCLT Rejects Karur Vysya Bank’s Plea Against ArcelorMittal Plan for Essar Steel(08.03.2019)

National Company Law Tribunal has rejected Karur Vysya Bank’s plea to quash Rs 42,000-crore resolution plan of ArcelorMittal for distressed Essar Stee.....

Tags : NCLT, Essar Steel, Karur Vysya Bank

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INSOLVENCY - NCLT Clears ArcelorMittal's Resolution Plan for Essar Steel(11.03.2019)

National Company Law Tribunal (NCLT) has approved ArcelorMittal's Rs 42,000-crore takeover bid for Essar Steel.

Tags : NCLT, ArcelorMittal, Essar Steel

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INSOLVENCY - NCLAT Directs NCLT to Decide on JSW's Bid for Bhushan Power & Steel by March 31(11.03.2019)

National Company Law Appellate Tribunal (NCLAT) has directed Delhi bench of NCLT to decide over JSW Steel's bid for debt-ridden Bhushan Power & Steel .....

Tags : NCLAT, Bhushan Power & Steel, JSW

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NCLT Approves Tata Steel's Bid for Bhushan Energy(31.05.2019)

National Company Law Tribunal (NCLT) has approved Tata Steel’s nearly Rs 800-crore bid to acquire Energy. The NCLT, while approving this bid, also rej.....

Tags : NCLT, Tata Steel

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Bombay HC Directs Considering of Requisitioning of Steel Plants to Augment Supply of Liquid Oxygen(26.04.2021)

Bombay High Court has directed Divisional Commissioner (Nagpur) to consider requisitioning the services of steel plants and industries to augment the .....

Tags : Bombay High Court, Requisitioning of Steel Plants

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SC Orders Appointment of Arbitrator in Odisha Case Involving Rs 900 crore Insurance Claims(15.09.2015)

Supreme Court has ordered Essar Steel India and New India Assurance Co. to appoint an arbitrator to settle dispute in case involving about Rs 900 cror.....

Tags : Supreme Court,Essar Steel India , New India Assurance Co.

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Bombay HC Permits Merger between Tata Steel and Tata Metaliks(21.09.2015)

Bombay High Court has approved scheme of amalgamation between steel producer and Tata Metaliks and Tata Metaliks Dl Pipes along with their respective .....

Tags : Bombay High Court,Tata Steel , Tata Metaliks

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Essar Steel: NCLAT Probes 'Magical Accounting' by ArcelorMittal, CoC(22.05.2019)

National Company Law Appellate Tribunal has observed that the Committee of Creditors (CoC) of Essar Steel India Ltd and ArcelorMittal had done some ‘m.....

Tags : NCLAT, Essar Steel

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Supreme Court Orders Status Quo on NCLAT Verdict in Essar Steel(23.07.2019)

Supreme Court has ordered status quo in the Essar insolvency case. The Court said the monitoring committee will continue its work till the case is hea.....

Tags : Supreme Court, Essar Steel

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NGT Permits Bhushan Steel and Strips Ltd to Operate for 3 Weeks(17.12.2015)

National Green Tribunal (NGT) has allowed Bhushan Steel and Strips Ltd's Sahibabad plant in Uttar Pradesh, which had been ordered to be closed for pol.....

Tags : National Green Tribunal , Bhushan Steel

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CIC Says Demands of Trade Union Before Employer is Fiduciary Information(09.02.2016)

Central Information Commission (CIC), while rejecting case relating to R K Mishra seeking information from Steel Authority of India in his nine-point .....

Tags : CIC, Steel Authority of India

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Supreme Court Sets Aside NCLAT Order Approving ArcelorMittal's Bid to Acquire Essar Steel(15.11.2019)

Supreme Court has set aside the July 4 order of the National Company Law Appellate Tribunal approving ArcelorMittal's Rs 42,000-crore bid for acquirin.....

Tags : Supreme Court, Essar Steel

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NCLAT Seeks Clarity from Government and Agencies on JSW Steel Ltd Immunity(14.01.2020)

National Company Law Appellate Tribunal has directed the Enforcement Directorate and other investigative agencies to clarify whether JSW Steel Ltd wou.....

Tags : National Company Law Appellate Tribunal, JSW Steel Ltd., Immunity

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Delhi High Court Directs Release of Bhushan Steel Ex-promoter Neeraj Singal on Interim Bail(30.08.2018)

Delhi High Court today has directed that Bhushan Steel erstwhile promoter Neeraj Singal, arrested by the SFIO for allegedly siphoning off Rs 20 billio.....

Tags : Delhi High Court, Bhushan Steel

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Supreme Court Declines to Stay Interim Bail Granted to Former Bhushan Steel Promoter(05.09.2018)

Supreme Court has refused to stay the interim bail granted by Delhi High Court to former Bhushan Steel promoter Neeraj Singal.

Tags : Supreme Court, Bhushan Steel, Neeraj Singal

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Commercial Court, Bengaluru Confirms Ex-Parte Temporary Injunction Against ACC Steel(18.01.2022)

Commercial Court, Bengaluru has confirmed the ex-parte temporary injunction issued in 2020 restraining ACC Steel Pvt. Ltd., from using the marks ACC, .....

Tags : Commercial Court, Bengaluru, Temporary Injunction Against ACC Steel

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NCLT Allows to Replace BoI in NCLT Proceedings Against National Steel & Agro Industries Limited(27.01.2022)

National Company Law Tribunal (NCLT) has allowed an interlocutory application by JM Financial ARC Limited, a third party, to substitute Bank of India .....

Tags : National Company Law Tribunal, National Steel & Agro Industries Limited

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NCLAT Asks Tata to Clarify Stand on Bhushan Steel’s Dues(31.05.2018)

National Company Law Appellate Tribunal (NCLAT) has asked Tata Steel Ltd to file an affidavit stating provisions in the resolution plan, if any, on th.....

Tags : NCLAT, Bhushan Steel

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Delhi HC Sets Aside SFIO Complaint Against Tata Steel BSL Ltd(25.03.2020)

Delhi High Court has quashed the summons as well as the complaint filed against Tata Steel BSL Ltd by the Serious Fraud Investigation Office.

Tags : Delhi High Court, Tata Steel BSL Ltd.

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National Company Law Appellate Tribunal Gives JSW Steel Immunity from All Criminal Probes(18.02.2020)

National Company Law Appellate Tribunal has given JSW Steel immunity from all criminal investigations after it takes over Bhushan Power & Steel, whose.....

Tags : National Company Law Appellate Tribunal, JSW Steel Ltd., Immunity

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