Bhushan Power & Steel
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December 10, 2020, Thursday
JSW Steel sees mettle in bankrupt asset amid upturn in steel market
An upturn in the steel market has prompted the country's third-largest steel producer to up the ante on acquiring Bhushan Power
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October 21, 2020, Wednesday
JSW Steel eyes Bhushan Power acquisition as SC sets Nov 3 final hearing
Jindal had offered Rs 19,700 crore to lenders as upfront cash for takeover of the company
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September 07, 2020, Monday
SBI invokes personal guarantees of Bhushan Power & Steel promoter
Action against Sanjay Singal comes within days of the Finance Ministry asking banks to invoke personal guarantees in all ...
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August 20, 2020, Thursday
ED claims irregularities in BPSL consignments after RP took charge
Steel company clandestinely moved finished goods from its Odisha factory to its plants in Kolkata and Chandigarh, says agency
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August 19, 2020, Wednesday
ED searches BPSL's resolution professional, probes 'irregularities' in ties
Beleaguered steel firm batting money laundering charges, forcible possession of its assets
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July 07, 2020, Tuesday
IBC faces test again as top court hears Bhushan Power & Steel case
ED objected to the applicability of Section 32A of the Insolvency and Bankruptcy Code (IBC) to the JSW-Bhushan deal
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April 25, 2020, Saturday
Banks want IBC proceedings in all pending cases to be suspended for 2 years
Fall in valuation, lack of demand cited as reasons
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February 26, 2020, Wednesday
Bhushan Power ex-MD Sanjay Singal challenges JSW resolution plan in SC
Petition says, JSW disqualified under Section 29A, has no claim on Rs 3,000 crore EBITDA during CIRP
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February 26, 2020, Wednesday
JSW Steel's $2.7-billion buy of Bhushan Power & Steel faces legal test
An adverse ruling could also be a setback for lenders, which led by PNB, are seeking a speedy resolution
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January 04, 2020, Saturday
Here's why Insolvency and Bankruptcy Code is a policy masterstroke
From 161 resolved cases, the realisable amount stands at over Rs 1.6 trn
