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INR1,300 crore loans for INR100? Stamp duty notice to ArcelorMittal, banks.

ArcelorMittal India has been called for enquiry this month over allegations of stamp duty irregularities. Creditors of KSS Petron, a group company, have alleged irregularities in stamp duty payment in assignment of loans in the run up to its acquisition of Essar Steel under the IBC. 

Read More  Corporate Governance-Prime-Economic Times