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INDIRA BANERJEE, J. K. MAHESHWARI
Electrosteel Steels Limited – Appellant
Versus
Union of India – Respondent
JUDGMENT :
INDIRA BANERJEE, J.
1. Leave granted.
2. These Appeals are against an order dated 16th September 2020 passed by a Single Bench of the High Court of Jharkhand in W.P. (C) No. 1873 of 2018 and W.P. (C) No. 4850 of 2018, discontinuing the interim orders earlier passed by the High Court, allowing the Appellant to operate its unit under the supervisory regulatory control of the Respondent- Jharkhand State Pollution Control Board, hereinafter referred to as “JSPCB” which had been in force for over two years.
3. The Appellant owns and runs a 1.5 MTPA integrated steel plant in Bokaro District in Jharkhand. The said steel plant in Bokaro, which employs 3,000 regular employees and 7000 contractual employees, produced steel worth Rs. 4,200 crores in the financial year 2019-20.
4. The Appellant claims that about 30,000 persons other than those actually employed by the steel plant as regular or contractual employees depend on the steel plant for their livelihood.
5. Corporate Insolvency Resolution Process (CIRP) had commenced against the Appellant under the Insolvency and Bankruptcy Code 2016. As successful Resolution Applicant, Vedanta Ltd. took over the Appellant on or about 4th June 201
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