The top court said its earlier verdict misinterpreted IBC provisions and scheduled a rehearing of petitions next Thursday, following submissions from multiple stakeholders
State Bank of India (SBI), Indian Overseas Bank (IOB), Uco Bank, Central Bank of India and Union Bank of India slipped between 1 per cent to 2 per cent in intraday deals on Monday
Punjab and Haryana HC had asked firm's CoC and NCLT to give firms' ex-directors a hearing though principal bench of NCLT had already reserved its order on a resolution plan by JSW Steel
NCLT earlier reserved its order; Bhushan Steel owes about Rs 40,000 crore to at least 20 lenders