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It is time for a full-scale overhaul of the Insolvency and Bankruptcy Code

It is time for a full-scale overhaul of the Insolvency and Bankruptcy Code
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DRI moves tribunal against relief to Essar Group in over-invoicing case

Between March 2015 and August 2016, the Mumbai zone of the Directorate of Revenue Intelligence had issued issued show-cause notices (SCNs) against several Essar Group companies. . The agency said investigations showed the group allegedly siphoned off funds abroad through GSF, an intermediary in the UAE, which was controlled and managed by the Ruia family through the ultimate holding company of the Essar Group.

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Essar Signs Three Mous With Gujarat Govt Totalling Rs 55,000 Crore In Energy Transition, Power, And Ports Sectors

Essar Signs Three Mous With Gujarat Govt Totalling Rs 55,000 Crore In Energy Transition, Power, And Ports Sectors
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Mumbai News: DRI Move Customs Tribunal In Essar Group Case

Mumbai News: DRI Move Customs Tribunal In Essar Group Case
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Essar Group signs MoU to invest ₹55,000 crore in energy, infra in Gujarat, to create 10,000 job opportunities

In a statement, Essar Group announced it had signed three memoranda of understanding with the government of Gujarat for a total investment of ₹55,000 crore ahead of the Vibrant Gujarat Global Summit 2024.

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