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Gujarat HC dismisses Essar Steel appeal against bankruptcy proceedings

| Jul 17, 2017, 08:05:38 PM
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Gujarat High Court dismissed Essar Steel India Ltd's appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said.

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‘HORMUZ WON’T OPEN!’ Iran Stuns US With Brutal Declaration After Trump’s 'WARSHIP CALL' | Watch

Iran has boldly declared the Strait of Hormuz will remain closed, accusing the United States of decades-long regional instability. Mohsen Rezaei, senior Iranian official and former IRGC commander, warned Trump’s call for global warships to secure the waterway is futile. Rezaei emphasized that regional control, reparations for past attacks, and US withdrawal are the only paths to stability. Iran claims it has emerged stronger politically, economically, and militarily, shattering the myth of American invincibility. As Trump urges a coalition to “protect” oil shipments, Tehran maintains the Strait is off-limits, signaling a devastating blow to US influence in the Persian Gulf.

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