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NCLAT stays order directing ArcelorMittal to pay Rs 1,300 crore to Odisha Slurry Pipeline Infrastructure

“As an ad-interim the operation of the impugned order as regards making of payment by the Appellant (ArcelorMittal India) to ‘OSPIL’ by 15th December, 2020 shall remain stayed till next date of hearing,” said the NCLAT in its order on December 4. The NCLAT has posted the hearing for the case on January 22.

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