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JSW Steel issues THIS clarification on reports of Supreme Court directing liquidation of Bhushan Power and Steel
JSW Steel had earlier indicated that it would determine its next steps after reviewing the court's order in consultation with its legal advisors.
SC verdict on Bhushan Power and Steel resolution may burn a Rs 22k-cr hole in JSW pocket
The Supreme Court’s decision to revoke the resolution plan of Bhushan Power and Steel Ltd (BPSL) could burn a ₹22,000 crore hole in the consolidated turnover of JSW Steel. BPSL, which was acquired by ...
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India’s Supreme Court cancels JSW Steel’s acquisition of Bhushan Power
The court ordered the liquidation of Bhushan Power, citing failures in the insolvency process managed by the insolvency administrator and the lenders' panel.
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JSW Steel-Bhushan Power Acquisition: Legal uncertainty over Sajjan Jindal’s Rs 19,700 cr deal - Foreign investors to shun assets?
Supreme Court (SC) decided to overturn JSW Steel's acquisition of Bhushan Power & Steel. This was a deal that was closed and paid for three years ago. Sajjan Jindal-led company JSW Steel's Rs 19,700 ...
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Top Indian court scraps JSW Steel's bid to acquire Bhushan Power, case lawyers say
NEW DELHI (Reuters) -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 ...