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Govt finds errors in SC's order on JSW-Bhushan Steel deal: Report
short by Shristi Acharya / on Wednesday, 7 May, 2025
The Centre has found "errors" in SC's May 2 order, which rejected JSW Steel's plan to acquire Bhushan Power & Steel, Moneycontrol reported. The Committee of Creditors will file a review petition against the apex court's order within the next two weeks. SC had said that JSW's acquisition plans through a debt resolution process didn’t comply with India's bankruptcy laws.
read more at Moneycontrol