JSW Steel said it has strong grounds for availing legal recourse after the Supreme Court rejected its resolution plan and ...

The verdict had triggered questions over whether the court's ruling casts a shadow over the broader insolvency regime, which ...

MUMBAI: JSW Steel is considering legal options after the Supreme Court rejected its resolution plan for Bhushan Power and ...

India's top court on Friday rejected JSW Steel's resolution plan to acquire Bhushan Power and Steel four years after the takeover was completed, and ordered the liquidation of the debt-ridden firm, ...

Metals major JSW Steel's management told investors that it retains control over its subsidiary Bhushan Power and Steel Ltd (BPSL), which has been ordered to be liquidated by the Supreme Court in a ...

The Supreme Court’s recent ruling in the Bhushan Power and Steel case does not question the validity of the Insolvency and Bankruptcy Code (IBC) itself, but highlights procedural lapses in the ...

The Supreme Court order setting aside JSW Steel's acquisition of Bhushan Power and Steel is seen as a milestone, as it comes five years after the NCLT and NCLAT both approved the rescue plan.

Following the Supreme Court's rejection of JSW's acquisition of Bhushan Power & Steel due to irregularities, lenders, including Punjab National Bank, are set to decide on their next steps.

Sanjay Singhal's petition urging enforcement of a Supreme Court order quashing JSW Steel's resolution plan for Bhushan Power ...

The Supreme Court on Friday ordered the surprise liquidation of Bhushan Power & Steel Ltd, nearly five years after India's largest steelmaker JSW Steel Ltd acquired the bankrupt company in an ...

With the Supreme Court rejecting the ₹19,350-crore Resolution Plan of JSW Steel for Bhushan Power and Steel Ltd (BPSL), banks are staring at a hit to their balance sheet. Bankers’ fear that if ...