JSW Steel Challenges Supreme Court Order on BPSL Takeover

  Published 9 months ago

JSW Steel files review petition after SC rejects $2.3B BPSL takeover, halting liquidation pending review.

  • SC halted BPSL liquidation after JSW and creditors requested a review petition.
  • Court cited procedural lapses; JSW claims no impact from ruling.
  • Experts warn ruling may deter buyers of distressed assets.

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