SC strikes down JSW's deal, orders liquidation of Bhushan...

Dununu.com Dununu

Sponsorizzato

SC strikes down JSW's deal, orders liquidation of Bhushan Steel & Power

RSS Feed National

Posted

193

The Supreme Court overturned the acquisition of Bhushan Power & Steel by JSW, directing liquidation due to legal and regulatory violations. JSW's Rs 19,700 crore plan was rejected, with the court citing delayed payments and dishonest intentions. The resolution professional failed in their duties, and the committee of creditors didn't protect creditor interests, impacting public sector banks.

Read Full Article

Effettua l'accesso per mettere mi piace, condividere e commentare!

MAGA voters want Donald Trump to strike on Iranian military as 'doomsday plane' flies to Washington

By 0 2

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of the day in Nepal, including...

By 0 5

ITR e-filing AY 2025-25: What is Annual Information Statement (AIS) and how is it different from Form 26AS? Top points for taxpayers

The Annual Information Statement (AIS) is a comprehensive tool for taxpayers, offering a detailed...

By 0 7

Kajol recalls mom Tanuja working for 20 hours a day

Kajol reflects on her mother Tanuja's profound influence, from witnessing her juggle a demanding...

By 0 7

'Respect the conditions' - Tendulkar's advice to Gill-led young Indian team

The India-England Test series is set to begin, marked by the introduction of the...

By 0 23