Supreme Court Halts Bhushan Power & Steel Liquidation Amid Legal Battle

Unknown Apr 02, 2026 450 Views

India’s Supreme Court has ordered a status quo on the National Company Law Tribunal (NCLT) proceedings regarding the liquidation of Bhushan Power and Steel Ltd (BPSL). This decision comes as JSW Steel seeks a review of the court’s earlier ruling that quashed its ₹19,300 crore resoluti...