NCLT Postpones Bhushan Power & Steel Insolvency Case to May 30
The National Company Law Tribunal (NCLT) on Tuesday postponed the insolvency case of Bhushan Power & Steel Ltd (BPSL) to May 30, when it is likely to issue directions on a petition submitted by former promoter Sanjay Singal. This comes following a request by Solicitor General Tushar Mehta, who represents the union government and various…