ED had in October last year attached Bhushan Power and Steel’s Rs 4,025-crore worth of land, buildings, plant and machinery in Odisha in a ...

A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya also asked the ED to clarify about its role after the attachment of...

"We expect NCLT to decide the case at an early date to ensure that the matter is decided before the end of this financial year," NCLAT said.

The judgment is significant as it clears the air on the controversial issue of the sanctity of belated bids for bankrupt companies.

Liberty House entered the fray and put a bid for Rs 18,000 crore. Even as the Tatas challenged it, JSW Steel jumped back into the fray with...

JSW had initially offered upfront payments of Rs 11,500 crore to BPSL’s lenders against Tata Steel’s offer of Rs 17,000 crore.

The tribunal, had on July 20, given a go-ahead to the CoC meeting, directing it to finalise a bid for the company.

"Today CoC meeting of Bhushan Power & Steel was held .... Surprisingly, sanctity and confidentiality of meeting was breached ... news of de...

It is not known how much Tata's have offered in the revised bid. They had earlier offered Rs 17000 crore to lenders.

The appellate tribunal also rejected the claims of engineering and construction major L&T, an operational creditor of Bhushan Steel Ltd, op...

In the first round of bidding, which closed on February 8, Tata Steel had offered Rs 17,000 crore and JSW Steel offered Rs 11,000 crore.

According to the sources privy to the development, Tata Steel in its letter has alleged that the CoC was not following legal process as per...

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

Bhushan Steel owed its lenders about Rs 56,000 cr and was among the 12 big loan defaulters identified by the RBI to undergo insolvency unde...

The appellate tribunal also directed the CoC to keep its decision over the bids in a sealed cover and said it would be subject to its final...

An NCLAT bench issued notices to Tata Steel, the resolution professional and Committee of Creditors (CoC) of Bhushan Steel on a petition fi...

Singal has sought a stay on the National Company Law Tribunal (NCLT) order approving Tata Steel's bid for the debt-ridden Bhushan Steel und...