Bhushan Steel and Power’s ex-promoters seek open court hearing on liquidation review plea; CJI to constitute a bench

The former promoters of Bhushan Steel and Power Limited have appealed to the Supreme Court. They want their review petition against the company’s liquidation order to be heard in open court. The petition challenges the previous verdict which had set aside JSW Steel’s resolution plan. The promoters argue that the assigned liquidation value was too low.

Leave a Reply

Your email address will not be published. Required fields are marked *