18
Feb
11:36
NCLAT allows JSW's Bhushan Power & Steel appeal
The National Company Law Appellate Tribunal (NCLAT) has allowed the appeal of JSW Steel against certain modifications to its Resolution Plan for Bhushan Power & Steel (BPSL).
The National Company Law Tribunal (NCLT) approved JSW Steel’s Resolution Plan for insolvent flat steelmaker BPSL last year, but specified modifications and did not grant certain critical reliefs (see Kallanish passim). Appeals were also filed by certain operational creditors of BPSL…
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Anonymous
Very good overview of the weekly steel market.
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