Chief Justice of India BR Gavai said he will soon constitute a bench to hear review petitions filed by JSW Steel and lenders of Bhushan Pow...

JSW Steel and lenders are requesting the Supreme Court to review its order against JSW's acquisition of Bhushan Power & Steel Ltd. JSW clai...

JSW Steel has approached the Supreme Court. It seeks a review of the May 2nd order. The order had scrapped its acquisition of Bhushan Power...

Punjab National Bank led lenders of Bhushan Power and Steel have approached the Supreme Court. They want a review of the order against JSW ...

The Supreme Court has ordered a status quo on the liquidation of Bhushan Power and Steel Ltd (BPSL) after JSW Steel's plea to halt the proc...

JSW Steel has appealed to the Supreme Court to halt the liquidation of Bhushan Power and Steel Ltd (BPSL), warning it would be detrimental ...

JSW Steel was chosen the winning bidder for BPSL’s assets in September 2019, and the resolution plan was approved by NCLT soon after. The c...

"This fresh application is seeking interim relief till his main application against JSW is heard. It remains to be seen whether the court t...

JSW Steel had offered to pay Rs 19,350 crore to the financial creditors, with the lenders taking nearly a 60% haircut on the dues. Apart fr...

In a letter addressed to the committee of creditors (CoC) on Friday, JSW said it is ready to transfer the Rs 19,350 crore before the end of...

The bone of contention in the discussions is the Rs 1000 crore cash flows BPSL has generated between March and now which both parties do no...

In a notice to Singal dated August 31 SBI had said total loans of Rs 12,276 crore were due to the bank by the company and are now in defaul...

JSW Steel approaches NCLT in the wake of fraud cases reported by lenders of Bhushan Power and Steel.

PNB reported a fraud worth Rs 3,805.15 crore by BPSL by misappropriating bank funds and manipulating its books of accounts.

Allahabad Bank reported fraud of over Rs 1,774 crore by Bhushan Power and Steel to the Reserve Bank of India.

Both potential buyers have also offered to invest an additional Rs 7,000 crore in the operations of the company.

NCLAT today turned down the plea of UK-based Liberty House to stay the resolution process of Bhushan Power and Steel.