NCLT defers hearing on Bhushan Power and Steel case, post Supreme Court status quo order on liquidation proceedings
The Supreme Court postponed the hearing on the Bhushan Power and Steel Case (BPSL) on the National Company Law Tribunal (NCLT), Delhi Tuesday (May 27, 2025) after ordering the status quo in the liquidation proceedings against the company pending before the NCLT. On Monday, hearing a petition filed by JSW Steel, the Supreme Court ordered…