Gujarat NRE Coke promoter hopes favourable NCLAT outcome
The Jindal Steel & Power Ltd, an unsecured creditor with only 0.5 per cent of the total debts of Gujarat NRE Coke, has obtained an ex-parte order of NCLAT on July 12 to stay the meeting scheduled on July 16.
The NCLAT had accepted the proposal of Jagatramka on May 15 and had ordered to convene a meeting of all the stakeholders, Image source: PTI