JSW Steel’s legal battle over the Bhushan Power and Steel (BPSL) resolution continues, as the Supreme Court is set to hear the company’s review petition today.
The petition challenges the apex court’s May 2 verdict, which dismissed JSW Steel’s Rs 19,300 crore resolution plan for the acquisition of BPSL, reported Moneycontrol.
The case stems from a plea originally filed by Sanjay Singhal, former promoter of Bhushan Power, which resulted in the cancellation of JSW’s resolution plan.
The current review petition, which includes Singhal as a respondent, is being considered by a two-judge bench comprising Justices Satish Chandra Sharma and BV Nagarathna. Justice Nagarathna replaces Justice Bela M….
