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 Steel’s ₹19,700 crore acquisition of…
