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BPSL LIQUIDATION PROCEEDINGS
JSW Steel's unit plans fundraise via masala bondsJSW Steel's unit, JSW Kalinga Steel, is raising approximately ₹9,500 crore via unsecured, zero-coupon bonds to finance its joint venture wi...- Supreme Court upholds JSW Steel’s Rs 19,700 crore takeover of BPSL, rejects challenges by former promotersThe Supreme Court upheld JSW Steel's ₹19,700-crore resolution plan for Bhushan Power and Steel, affirming the commercial wisdom of the Comm...
- Bhushan Power and Steel lenders seek Rs 6,155 cr interest from JSW over resolution delayLenders of Bhushan Power and Steel (BPSL) told the top Court on that they are entitled to over Rs 6,155 crore in interest from JSW Steel du...
- SC lists review petitions of JSW Steel and BPSL lenders in open court on July 31The Supreme Court will review its May 2 judgment regarding Bhushan Power and Steel (BPSL) liquidation, hearing petitions from JSW Steel and...
- CJI to Form Bench on JSW, lenders’ plea against Bhushan Power liquidationChief 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...
- Bhushan Power liquidation will hurt all stakeholders, JSW Steel and lenders tell SCJSW 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 moves Supreme Court, seeks rehearing on ₹19,300 cr Bhushan Power deal blowJSW Steel has approached the Supreme Court. It seeks a review of the May 2nd order. The order had scrapped its acquisition of Bhushan Power...
- JSW Steel files review petition before SC on Bhushan Power deal collapseJSW Steel has filed a review petition with India's Supreme Court regarding the rejection of its $2.3 billion acquisition of Bhushan Power a...
- Bhushan Power and Steel lenders move SC for review of JSW Steel decisionPunjab National Bank led lenders of Bhushan Power and Steel have approached the Supreme Court. They want a review of the order against JSW ...
- Lenders, JSW Steel differ over Bhushan Power funds recoveryBanks seek compensation for losses at Bhushan Power and Steel under Sanjay Singhal. They claim rights to recoveries from wrongful transacti...
- SC orders status quo on liquidation of Bhushan Power as JSW Steel seeks to halt proceedingsThe 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 moves Supreme Court to halt Bhushan Power and Steel Ltd liquidationJSW 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 evaluating legal options for troubled BPSL assetsJSW Steel implemented the resolution plan for Bhushan Steel and Power Ltd "in full compliance" and the company is now evaluating all option...
- JSW Steel seeks refund of Bhushan Power and Steel-linked paymentsJSW Steel wants its money back. The company has asked banks for a refund related to its Bhushan Power and Steel resolution plan. This follo...
- Don't understand law, we want our jobs protected: Odisha steel plant workers after SC orderWorkers at a steel plant in Odisha's Jharsuguda fear job losses after the Supreme Court ordered the liquidation of its original owner, BSPL...
- NCLT adjourns hearing on Bhushan Power & Steel's promoter plea for a monthThe National Company Law Tribunal has postponed the hearing on Bhushan Power & Steel's case. Sanjay Singhal, the former promoter, filed a p...
- Bhushan Power ex-promoter moves NCLT to give effect to SC liquidation orderSanjay Singal, former promoter of Bhushan Power and Steel, has appealed to the NCLT Delhi to enforce the Supreme Court's decision overturni...
- SC scraps JSW Steel’s ‘illegal’ Bhushan Power and Steel deal, orders liquidationThe Supreme Court has nullified JSW Steel's resolution plan for Bhushan Power and Steel Ltd, deeming it illegal and ordering liquidation. J...
- CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & SteelCorporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and Bhushan Power and Steel (BPSL), and res...
- NCLAT to hear probe agencies over JSW Steel's plea on Bhushan PowerUnder the insolvency proceedings, JSW Steel has emerged as the winning bidder for Bhushan Power & Steel.
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