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Essar Steel seeks creditors' approval

MUMBAI: Essar Steel has informed the BSE that by an order dated May 9, the High Court of Gujarat in Ahmedabad, has directed that a meeting of the secured term debt creditors and working capital debt creditors of the company be called and convened on June 6 for considering and if thought fit, approving, with or without modifications, the scheme of arrangement and compromise of Essar Steel with its secured term debt creditors and working capital debt creditors.

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