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Insolvency Resolution: Bhushan Power lenders file review plea Vs SC order nixing JSW Steel IBC plan

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Insolvency Resolution

Bhushan Power lenders file review plea Vs SC order nixing JSW Steel IBC plan

This story was originally published at 06:00 IST on June 17, 2025  Back
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Lenders of Bhushan Power & Steel Ltd., led by Punjab National Bank, Monday filed a review petition against the Supreme Court's verdict to quash JSW Steel Ltd.'s resolution plan for the debt-ridden company. This comes after the apex court had in May ordered status quo on the proceedings in the National Company Law Tribunal to liquidate Bhushan Power & Steel.

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