Supreme Court upholds JSW Steel resolution plan for Bhushan Power and Steel, ETManufacturing
The Supreme Court observed that the conduct of former promoter Sanjay Singhal and others showed an attempt “to prevent the Corporate Insolvency Resolution Process from reaching its logical end.” The Supreme Court on Friday overturned its May 2 order directing the liquidation of Bhushan Power and Steel Ltd (BPSL) and upheld JSW Steel Ltd’s ₹19,700…

