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SC upholds JSW Steel's bid for Bhushan Power
The Morning Standard
|September 27, 2025
IN A victory for JSW Steel and the insolvency and resolution process, the Supreme Court on Friday upheld the successful resolution of Bhushan Power and Steel Limited (BPSL) by dismissing a batch of appeals challenging the company's takeover by JSW Steel.
The judgment confirms the final order passed by the National Company Law Appellate Tribunal (NCLAT) on February 17, 2020, thereby providing finality to the Corporate Insolvency Resolution Process (CIRP) initiated against BPSL.
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FLERE HISTORIER FRA The Morning Standard
The Morning Standard
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