Supreme Court reserves verdict in Bhushan Power insolvency case

The Supreme Court has concluded its rehearing of the Bhushan Power and Steel Ltd insolvency case, reserving its verdict on JSW Steel’s ₹19,700 crore resolution plan. The decision follows challenges to the plan, which was quashed due to alleged violations of the Insolvency and Bankruptcy Code.

​The Supreme Court has concluded its rehearing of the Bhushan Power and Steel Ltd insolvency case, reserving its verdict on JSW Steel’s ₹19,700 crore resolution plan. The decision follows challenges to the plan, which was quashed due to alleged violations of the Insolvency and Bankruptcy Code.