The Calcutta High Court has recently held that the security furnished by an award-debtor for stay of an arbitral award must be “clean, unblemished and with good exchange value.”Sarat Chatterjee & Co..
India is becoming global leader and must hold its own in the commodities trading marketplace. India is the second largest crude steel producer in the world and very ambitious towards its 300 MnT steel vision.
The Directorate General of Trade Remedies (DGTR) has initiated a Safeguard duty (Quantitative Restrictions) investigation concerning imports of low ash metallurgical coke (Met Coke) into India. Met coke is used as a primary fuel in furnaces of steel, chemical, Ferro alloy, and pig iron plants. DGTR will be investigating imports of the commodity from April 2022 to March 2023.
The company added, “By exploring new opportunities in the steel and chemical-related products markets and leveraging synergies with our existing client base, we aim to broaden our business horizons and solidify our position as a major player in the global trading arena.” , Companies News, Times Now
The management of Anmol India Ltd has decided to form a strategic Expansion and Growth Committee to explore new opportunities in the Chemical related products and steel related products like Iron Ore, Iron Pellet, Met Coke etc.