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The Supreme Court was hearing a petition filed by JSW Steel seeking a stay on the liquidation proceedings against BSPL.
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India Today on MSNSupreme Court puts Bhushan Power liquidation on hold as JSW seeks reviewThis interim order effectively pauses the liquidation process of BSPL, offering JSW a window to pursue legal recourse and ...
A Supreme Court bench said liquidation of the BPSL might jeopardise the review petition, which was to be filed by JSW Steel ...
It may be noted that a group of lenders led by Punjab National Bank (PNB) had claimed ₹47,204 crore as unpaid loan and following the default, the lenders dragged BSPL to insolvency proceedings.
A bench of Justices B V Nagarathna and Satish Chandra Sharma said liquidation of the BPSL might jeopardise the review ...
JSW Steel shares rebounded sharply from the day’s lows to trade over 2 per cent higher on Monday, following a Supreme Court ...
After the BSPL failed to repay a loan of over ₹47,000 crore, lenders dragged the company to insolvency proceedings and JSW Steel emerged as the successful bidder for BSPL. The Supreme Court on ...
JSW Steel shares surged over 2% after the Supreme Court ordered status quo on Bhushan Steel & Power Ltd liquidation, ...
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