SC verdict on Bhushan Power ‘impractical and excessive’: Bain & Company’s Harsh Vardhan
Harsh Vardhan, Senior Adviser at Bain & Company, has criticised the Supreme Court’s decision to liquidate Bhushan Power and Steel, calling it an excessive and commercially impractical remedy. “You have a ₹25,000 crore revenue asset, which is profitable, that you are going to put into liquidation. I mean, it makes very little commercial sense to…