The Supreme Court on Friday set aside a resolution plan submitted by JSW Steel for Bhushan Steel and Power Limited (BSPL), holding it illegal and in violation of the Insolvency and Bankruptcy Code ...

The Supreme Court on Friday declared JSW Steel Limited’s resolution plan for Bhushan Power & Steel Limited (BPSL) “illegal” and ordered the latter’s liquidation, four years after the ...

India’s top court Friday rejected JSW Steel Ltd.’s plan to buy a debt-burdened rival, more than four years after the ...

Supreme Court on May 2 rejected JSW Steel's resolution plan for Bhushan Power and Steel Ltd (BPSL) and directed for its liquidation. The apex court said JSW Steel's Committee of Creditors (CoC ...

The Supreme Court’s verdict ordering the liquidation of Bhushan Power and Steel (BPSL) has reignited uncertainty over one of India’s largest insolvency resolutions, dragging the acquirer JSW ...

The ruling raises fresh uncertainty for creditors, employees, and the steel plant’s 2.75 mtpa operations in Odisha. The apex court held that the resolution plan violated the Insolvency and Bankruptcy ...

JSW Steel stock corrected by 5.8 per cent in the day on the negative news. Considering that Bhushan power and Steel (BPSL) accounts for 12 per cent of 9MFY25 consolidated steel sales – further ...

JSW Steel shares crash over 7% as Supreme Court scraps resolution plan for Bhushan Power and Steel Avoid these 21 destinations: US State Department’s travel warnings for Americans KCA suspends ...

In a major setback to Sajjan Jindal-led JSW Steel, the Supreme Court on Friday quashed the company’s Rs 19,700 crore resolution plan for Bhushan Power and Steel Ltd (BPSL), declaring it ...