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BHUSHAN POWER LIQUIDATION
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...25 Jun, 2025, 09.17 PM IST- 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 ...16 Jun, 2025, 11.13 PM IST
- 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...26 May, 2025, 11.27 PM IST
- 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 ...24 May, 2025, 01.39 AM IST
- Finalising response to SC's decision on JSW Steel-Bhushan deal: Govt officialsThe Indian government is actively addressing the court order that nullified JSW Steel's acquisition of Bhushan Power and Steel. The Departm...05 May, 2025, 11.36 AM IST
- Big order, big impact: JSW Steel’s Bhushan Power buyout cancelled by SC over IBC violationsThe Supreme Court has invalidated JSW Steel's resolution plan for Bhushan Power and Steel, citing non-compliance with the Insolvency and Ba...03 May, 2025, 06.56 AM IST
- JSW Steel may face 10-15% production hit, ₹4,500-crore Ebitda dent as Bhushan Power liquidation loomsJSW Steel faces potential setbacks as the Supreme Court deemed its acquisition of Bhushan Power & Steel illegal, potentially leading to liq...03 May, 2025, 06.27 AM IST
- 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...03 May, 2025, 12.05 AM IST
- JSW Steel shares sink 6.5% after Supreme Court nullifies Bhushan Power acquisitionJSW Steel's shares plummeted after the Supreme Court deemed its Rs 19,700 crore acquisition of Bhushan Power & Steel illegal, ordering liqu...02 May, 2025, 12.52 PM IST
- JSW Steel’s May 2021 crude steel production grows by 10% to 13.67 lakh tonnesThe company’s rolled products' production grew by 10% year-on-year to 9.99 lakh tonnes as against 9.05 lakh tonnes. The long products' prod...10 Jun, 2021, 01.29 PM IST
- IBC an imbalanced economic provision: Sanjay SingalIBC is an “imbalanced provision” that has become a takeover or liquidation code, Sanjay Singal said.10 Dec, 2018, 04.20 PM IST
- JSW Steel and Tata Steel stock up as they bid for Bhushan Power & SteelJSW Steel and Tata Steel have also emerged as the most aggressive bidders for Bhushan Steel.08 Feb, 2018, 06.26 PM IST
- ArcelorMittal opts out of Bhushan Power & Steel raceArcelorMittal informed the Bhushan Power & Steel committee of creditors of its decision through a letter sent by its financial advisor Gold...24 Jan, 2018, 06.20 AM IST
- Bhushan Power’s liquidation value doubled to Rs 20,000 croreBhushan Power & Steel doubled capacity at its Odisha plant to over 6 million tonnes per annum from 2.7 million tonnes per annum over the pa...18 Jan, 2018, 11.01 PM IST
- Bhushan Steel, Bhushan Power face insolvency actionSince the plea has been admitted by the NCLT, there is a 180-day timeline to decide on a resolution plan in accordance with the Insolvency ...27 Jul, 2017, 12.52 AM IST
- Bhushan Steel, BPSL face bankruptcy proceedingsThe companies have 180 days to come up with a resolution — though they can ask for an additional 90 days in some situations — or face liqui...27 Jul, 2017, 12.49 AM IST
- Insolvency resolution: SBI ropes in A&M, EY, Deloitte and PwCThe firms will be paid Rs 1.25-1.50 cr for a term of 6 to 9 months depending on the account size and complexity involved, said involved sou...27 Jun, 2017, 12.11 PM IST
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