JSW Steel: Bhushan Power Liquidation Halted

  Published 1 year 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.

You might like these

TIL Defence: Boosting India's Military Production & Global Reach

PNC Infratech Bridge Project Bihar

Tata Acquires ES‑Tec, Expands ADAS Reach

R Systems and Mavvrik Partner to Manage AI Costs

Tolins Tyres Q1 FY26 Revenue Up

Rail Stocks Surge on Major Order Wins

D-Mart Q2 FY26 Growth Highlights

News that matters the most ⚡