 "Supreme Court of India")
The Supreme Court on Wednesday stayed a lower court's order asking the Committee of Creditors (CoC) of Bhushan Power and Steel Limited and the National Company Law Tribunal (NCLT) to consider the objections raised by the former directors of the company before finalising any resolution plan.
The Punjab and Haryana High Court had issued the directions despite the Principal Bench of NCLT at New Delhi having already reserved its judgment on a resolution plan for Bhushan Power, submitted by JSW Steel.
On April 18, a former director of Bhushan Power Ravi Parkash Goyal approached the high court with a plea
