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Category Archives: Liquidation

Supreme Court stays liquidation of Bhushan Power & Steel – MSN

LiquidationBy EditorMay 27, 2025

Supreme Court stays liquidation of Bhushan Power & Steel  MSN Read the original article here

3 directors of apparel firm in liquidation fined RM50,000 by Bursa – MSN

LiquidationBy EditorMay 27, 2025

3 directors of apparel firm in liquidation fined RM50,000 by Bursa  MSN Read the original article here

Supreme Court orders status quo on Bhushan Steel liquidation | Latest News India

LiquidationBy EditorMay 27, 2025

The Supreme Court on Monday stopped liquidation proceedings of Bhushan Power and Steel Ltd , weeks after it scrapped JSW Steel’s deal to acquire the company. ₹19,700 crore acquisition of BPSL, calling it illegal and in breach of the Insolvency and Bankruptcy Code (IBC). (Representational image)” title=”On May 2, the Supreme Court had rejected JSW…

SC halts BPSL liquidation to allow JSW Steel review plea – Industry News

LiquidationBy EditorMay 27, 2025

The Supreme Court on Monday ordered a status quo on the liquidation proceedings of Bhushan Power and Steel (BPSL) at the National Company Law Tribunal (NCLT), offering a temporary reprieve to JSW Steel. The apex court’s directive means the NCLT is expected to defer its hearing on the liquidation until a review petition by JSW…

Supreme Court Maintains Status Quo on Bhushan Steel Liquidation Proceedings, ET LegalWorld

LiquidationBy EditorMay 27, 2025

The Supreme Court on Monday ordered status quo on the liquidation proceedings of Bhushan Steel and Power Ltd (BPSL) before the National Company Law Tribunal. A bench of Justices B V Nagarathna and Satish Chandra Sharma said liquidation of the BPSL might jeopardise the review petition, which was to be filed by JSW Steel Limited.…

Sunsundegui has ceased operations: company's insolvency leads to liquidation and +300 job losses – Sustainable Bus

LiquidationBy EditorMay 27, 2025

Sunsundegui has ceased operations: company’s insolvency leads to liquidation and +300 job losses  Sustainable Bus Read the original article here

SC halts BPSL liquidation as JSW Steel plan to seek review

LiquidationBy EditorMay 27, 2025

The Supreme Court on Monday paused liquidation proceedings of Bhushan Power and Steel Ltd (BPSL), granting temporary relief to JSW Steel, which plans to challenge the apex court’s recent order rejecting its ₹19,300 crore resolution plan for the company. A bench of Justices B.V. Nagarathna and Satish Chandra Sharma directed that a status quo be…

Supreme Court stays liquidation of Bhushan Power & Steel

LiquidationBy EditorMay 27, 2025

NEW DELHI: Supreme Court on Monday stayed the liquidation process for Bhushan Power & Steel (BPSL) before NCLT and ordered to maintain status quo after JSW Steel, whose resolution plan was rejected by SC, told the court that it was filing a review petition against the order.As JSW’s limitation period for filing a review against…

SC Halts Liquidation Proceedings Pending Before NCLT

LiquidationBy EditorMay 27, 2025

The court also clarified that this order in this appeal has been made by way of an interim arrangement pending consideration and disposal of the review petition to be filed by the appellant. Ashish Tripathi Last Updated : 26 May 2025, 09:50 IST Follow Us : Comments Read the original article here

Jobs lost as luxury Highland retreat Ardrhu House enters liquidation

LiquidationBy EditorMay 27, 2025

Jobs lost as luxury Highland retreat Ardrhu House enters liquidation Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. … Read the original article here

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