JSW Steel: Bhushan Power Liquidation Halted

  Published 10 months ago

India's Supreme Court has ordered a stay on liquidation proceedings for Bhushan Power and Steel at the National Company Law Tribunal (NCLT). This impacts JSW Steel, which had previously acquired the company, potentially altering the resolution process.

  • Court halts Bhushan Power liquidation.
  • Impacts JSW Steel’s prior acquisition.
  • NCLT proceedings are now paused.

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