{"id":22163,"date":"2022-11-15T12:43:06","date_gmt":"2022-11-15T12:43:06","guid":{"rendered":"https:\/\/forkandflavor.in\/?p=22163"},"modified":"2023-09-13T17:56:42","modified_gmt":"2023-09-13T17:56:42","slug":"sc-approves-arcelormittals-resolution-plan-for-cirp-of-odisha-slurry-pipeline-infrastructure","status":"publish","type":"post","link":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/sc-approves-arcelormittals-resolution-plan-for-cirp-of-odisha-slurry-pipeline-infrastructure\/","title":{"rendered":"SC Approves ArcelorMittal&#8217;s Resolution Plan For CIRP of Odisha Slurry Pipeline Infrastructure"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.linkedin.com\/company\/luthraandluthra\/\">Luthra and Luthra Law Offices India<\/a>\u00a0represented\u00a0ArcelorMittal\u00a0Group before the Hon\u2019ble\u00a0Supreme Court of India\u00a0in defending the Resolution Plan for CIRP of\u00a0Odisha Slurry Pipeline Infrastructure Limited\u00a0(OSPIL) which was challenged by\u00a0Srei Infrastructure Finance Limited, Mumbai.<\/p>\n\n\n\n<p>SREI was one of the Financial Creditors of OSPIL. The Hon\u2019ble Supreme Court, while dismissing the appeal, provided its nod to the Resolution Plan while relying on and upholding the principle that the Commercial Wisdom of the CoC is paramount.<\/p>\n\n\n\n<p>On behalf of the Firm, the mandate was led by Partner,\u00a0<strong><a href=\"https:\/\/forkandflavor.in\/partner\/sanjeev-kumar\/\" data-type=\"partner\" data-id=\"21085\">SANJEEV KUMAR<\/a><\/strong>, along with Partner,\u00a0<strong><a href=\"https:\/\/forkandflavor.in\/partner\/abhishek-emmanuel-kisku\/\" data-type=\"partner\" data-id=\"20960\">Abhishek Emmanuel Kisku<\/a><\/strong>; Managing Associate\u00a0Anshul Sehgal\u00a0and Associate,\u00a0Divyanshu Jain.<\/p>\n\n\n\n<p>You may access the full coverage here &#8211; http:\/\/bwlegalworld.businessworld.in\/article\/Supreme-Court-Approves-ArcelorMittal-s-Resolution-Plan-For-Corporate-Insolvency-Resolution-Process-of-Odisha-Slurry-Pipeline-Infrastructure-\/11-11-2022-453685\/<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luthra and Luthra Law Offices India\u00a0represented\u00a0ArcelorMittal\u00a0Group before the Hon\u2019ble\u00a0Supreme Court of India\u00a0in defending the Resolution Plan for CIRP of\u00a0Odisha Slurry Pipeline Infrastructure Limited\u00a0(OSPIL) which was challenged by\u00a0Srei Infrastructure Finance Limited, Mumbai. SREI was one of the Financial Creditors of OSPIL. The Hon\u2019ble Supreme Court, while dismissing the appeal, provided its nod to the Resolution Plan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22164,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[38],"tags":[],"acf":[],"rttpg_featured_image_url":{"full":["https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-content\/uploads\/2022\/11\/Screenshot-37.png",887,561,false],"landscape":["https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-content\/uploads\/2022\/11\/Screenshot-37.png",887,561,false],"portraits":["https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-content\/uploads\/2022\/11\/Screenshot-37.png",887,561,false],"thumbnail":["https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-content\/uploads\/2022\/11\/Screenshot-37-150x150.png",150,150,true],"medium":["https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-content\/uploads\/2022\/11\/Screenshot-37-300x190.png",300,190,true],"large":["https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-content\/uploads\/2022\/11\/Screenshot-37.png",887,561,false],"1536x1536":["https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-content\/uploads\/2022\/11\/Screenshot-37.png",887,561,false],"2048x2048":["https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-content\/uploads\/2022\/11\/Screenshot-37.png",887,561,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/category\/news-and-updates\/\" rel=\"category tag\">News and Updates<\/a>","rttpg_excerpt":"Luthra and Luthra Law Offices India\u00a0represented\u00a0ArcelorMittal\u00a0Group before the Hon\u2019ble\u00a0Supreme Court of India\u00a0in defending the Resolution Plan for CIRP of\u00a0Odisha Slurry Pipeline Infrastructure Limited\u00a0(OSPIL) which was challenged by\u00a0Srei Infrastructure Finance Limited, Mumbai. SREI was one of the Financial Creditors of OSPIL. The Hon\u2019ble Supreme Court, while dismissing the appeal, provided its nod to the Resolution Plan&hellip;","_links":{"self":[{"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/posts\/22163"}],"collection":[{"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/comments?post=22163"}],"version-history":[{"count":0,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/posts\/22163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/media\/22164"}],"wp:attachment":[{"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/media?parent=22163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/categories?post=22163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demosite.finlabsindia.org\/demo\/Luthra\/wp-json\/wp\/v2\/tags?post=22163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}