skip past newsletter promotion<\/a><\/p>\nafter newsletter promotion<\/p>\n<\/figure>\n
A GFG Alliance spokesperson said on behalf of the four directors and Gupta: \u201cThere are no underlying issues with our accounts and directors have taken all reasonable steps to resolve the situation. We have finalised unaudited accounts for our UK businesses and have been in regular communication with Companies House. This legal process has no effect on any of our operations.\u201d<\/p>\n
The next hearing for the Companies House case is scheduled for January 2025, with no date set for a trial.<\/p>\n
On Wednesday, the Telegraph reported that the billionaire steel tycoon Lakshmi Mittal was suing over \u00a3117m in \u201cdeferred compensation\u201d, which he claims he is owed from the sale of several European factories to GFG Alliance five years ago.<\/p>\n
GFG Alliance told the Telegraph: \u201cThis is a long-running commercial dispute relating to contested deferred consideration from 2019, which GFG is challenging through legal means.\u201d<\/p>\n<\/div>\n
Source: www.theguardian.com<\/p>\n","protected":false},"excerpt":{"rendered":"
The steel tycoon Sanjeev Gupta is being prosecuted by Companies House for failing to file accounts for more than 70 companies listed in Britain. Gupta, who was once described as \u201cthe saviour of steel\u201d when he began rescuing failing British steelworks in 2017, is facing enforcement action from the UK\u2019s business register for the late…<\/p>\n","protected":false},"author":4,"featured_media":92853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-92852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"\n
Sanjeev Gupta prosecuted for failing to file accounts for more than 70 companies -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeworld24.com\/sanjeev-gupta-prosecuted-for-failing-to-file-accounts-for-more-than-70-companies\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sanjeev Gupta prosecuted for failing to file accounts for more than 70 companies -\" \/>\n<meta property=\"og:description\" content=\"The steel tycoon Sanjeev Gupta is being prosecuted by Companies House for failing to file accounts for more than 70 companies listed in Britain. Gupta, who was once described as \u201cthe saviour of steel\u201d when he began rescuing failing British steelworks in 2017, is facing enforcement action from the UK\u2019s business register for the late…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financeworld24.com\/sanjeev-gupta-prosecuted-for-failing-to-file-accounts-for-more-than-70-companies\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-10T11:36:00+00:00\" \/>\n<meta name=\"author\" content=\"wamdiness\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Yazan:\" \/>\n\t<meta name=\"twitter:data1\" content=\"wamdiness\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tahmini okuma s\u00fcresi\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 dakika\" \/>\n<script type=\"application\/ld+json\" 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