JSW Steel files appeal at NCLAT to modify takeover terms of Bhushan Power
The Delhi bench of the NCLT, which passed the order approving the sale of BPSL’s assets to JSW Steel
The resolution process for BPSL has already lasted over 800 days, against the 330-day deadline mandated by the Insolvency and Bankruptcy Code
JSW Steel has filed an appeal at the National Company Law Tribunal, contesting the conditions of its takeover of bankrupt steel mill Bhushan Power and Steel (BPSL). The appeal is expected to come up for hearing on Monday.