Supreme Court stays liquidation of Bhushan Power & Steel

The Supreme Court has halted the liquidation process for Bhushan Power & Steel (BPSL) following a plea from JSW Steel, whose resolution plan was previously rejected. The court ordered a status quo to prevent complications, as JSW Steel intends to file a review petition against the earlier judgment.

May 27, 2025 - 21:00
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Supreme Court stays liquidation of Bhushan Power & Steel
The Supreme Court has halted the liquidation process for Bhushan Power & Steel (BPSL) following a plea from JSW Steel, whose resolution plan was previously rejected. The court ordered a status quo to prevent complications, as JSW Steel intends to file a review petition against the earlier judgment.

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