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Pramod Mittal's Agreement with Creditors Overturned by UK Court
Pramod Mittal (PM), younger brother of global steel magnate Lakshmi N Mittal, suffered a major setback as a UK court overturned his agreement with creditors to pay 0.2% of his total debts of over US$2bn (billion).
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pramod mittal - Setback for Pramod Mittal as his debt deal with creditors revoked
The businessman is disappointed with the decision and intends to appeal
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Lakshmi Mittal's bankrupt brother Pramod Mittal suffers major setback in UK court
In October 2020, the businessman and his creditors entered into an individual voluntary arrangement (IVA).
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