A two-member bench headed by Chairman Justice S J Mukhopadhaya, said that JSW Stwel will be immuned from the acts done by the former promoters of Bhushan Power & Steel Ltd (BPSL). However ...
The Supreme Court on December 13 directed the Enforcement Directorate (ED) to handover to JSW Steel the debt-ridden Bhushan Power & Steel’s properties worth Rs 4,025 crore that were ...
The Enforcement Directorate (ED) has restituted assets worth ₹4,025 crore to JSW, a Successful Resolution Applicant in the matter of the erstwhile Bhushan Power and Steel Limited (BPSL ...
BPSL went into insolvency and was acquired by JSW Steel for ₹19,350 crore in 2021 in one of the largest insolvency resolutions in India. Needless to say, banks took a significant haircut on ...