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BPSL LIQUIDATION REVIEW
JSW Steel challenges Rs 6,155 crore EBITDA claim in BPSL disputeJSW Steel has challenged the lenders of Bhushan Power and Steel (BPSL) in the Supreme Court, disputing their claim for interest and EBITDA ...- 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...
- ED recovered Rs 23,000 cr laundered money, distributed it to victims: Tushar Mehta to SCSolicitor General Tushar Mehta informed the Supreme Court that the Enforcement Directorate (ED) has recovered approximately Rs 23,000 crore...
- SC recalls order cancelling JSW’s Rs 19,300 cr Bhushan Power resolution plan; Fresh hearing on Aug 7The Supreme Court has recalled its previous order that cancelled JSW Steel's resolution plan for Bhushan Power and Steel Ltd, deeming it a ...
- 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 Steel and Power's ex-promoters seek open court hearing on liquidation review plea; CJI to constitute a benchThe former promoters of Bhushan Steel and Power Limited have appealed to the Supreme Court. They want their review petition against the com...
- 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 ...
- Parliamentary panel flags 'ambiguities' in Insolvency and Bankruptcy CodeA parliamentary committee has identified ambiguities within the Insolvency and Bankruptcy Code (IBC), prompting the government to consider ...
- 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...
- NCLT adjourns Bhushan Power & Steel insolvency case hearing to May 26The National Company Law Tribunal (NCLT) has postponed the Bhushan Power and Steel Limited (BPSL) insolvency case hearing to May 26, seekin...
- SC ruling against BPSL's resolution plan likely have adverse bearings on JSW Steel financialsThe Supreme Court's rejection of JSW Steel's BPSL takeover plan is anticipated to negatively impact JSW Steel's financials, potentially cau...
- IBC rules under review after scrapping of JSW Steel's BPSL acquisitionIndia is examining its insolvency rules after a Supreme Court ruling. The review focuses on adherence to processes and timelines by stakeho...
- 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...
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