JSW Steel-Bhushan Power case Archives

SC Upholds JSW Steel’s Rs 19,700-Crore Resolution Plan For Bhushan Power & Steel

DainikNews Live Admin11 months ago08 mins

Last Updated:September 26, 2025, 11:34 is With this, the SC has provided relief to JSW Steel and overturned its May 2 decision, which had rejected the resolution plan four years after the NCLT resolution. The Supreme Court has rejected the objections raised by former promoters and certain creditors of Bhushan Power & Steel Ltd. In…

JSW Steel-Bhushan Power & Steel Case: What’s The Dispute And Why It Matters?

DainikNews Live Admin1 year ago06 mins

Last Updated:May 26, 2025, 17:55 is The Supreme Court orders a status quo on the liquidation of Bhushan Power & Steel Ltd, halting NCLT proceedings, thus providing relief to JSW Steel. The Supreme Court says JSW Steel’s plan to acquire Bhushan Power was “illegal” and should not have been accepted by the latter’s committee of…