Bhushan Power
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Government Mulls Insolvency Amendments To Avoid JSW-Bhushan Repeat | Profit Exclusive
The Ministry of Law & Justice is reviewing the amendments and legal ramifications.
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Time, Committee Of Creditors, CBI, ED Probes — The Many Skeletons Of JSW Steel-BPSL Case
JSW Steel and CoC are looking to file separate review petitions in the case. Here is a look at key factors that led to the Supreme Court's surprise judgement.
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IBC — To Implement Or Not To Implement
The SC order was finally pronounced last week, observing that due to legal infirmities in conduct of the insolvency process, JSW's approved resolution plan is set aside and BPSL shall be liquidated.
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Government Reviewing Bhushan Power And Steel Order, To Finalise Way Forward Soon: DFS Secretary
Govt reviewing BPSL order, to finalise way forward soon: DFS Secy
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Government Imposes 12% Safeguard Duty On Some Steel Imports To Prevent Chinese Dumping
The probe came after the Indian Steel Association filed a complaint with the DGTR alleging a "recent, sudden, sharp and significant increase in imports", causing "injury to the domestic industry."
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Bhushan Power Insolvency: Centre To Take Final Call On ED's Opposition To JSW Steel's Plan
JSW Steel's counsel informed the court that all government bodies except the ED are in support of the resolution plan going forward on a clean slate.
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Mapping The Insolvency Saga Of India’s Corporate High Flyers
Are the creditors getting close to recovering their dues from high profile promoters?
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Bank Fraud: Rs 4,000-Crore Bhushan Power And Steel Assets Seized
The total value, under the provisional order for attachment, is Rs 4,025.23 crore.
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Allahabad Bank Reports Rs 1,775 Crore Alleged Fraud By Bhushan Power & Steel
On July 6, state-run Punjab National Bank (PNB) said it had reported an alleged fraud of $554.6 million in Bhushan Power & Steel's accounts
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Punjab & Sind Bank Reports Rs 238-Crore Fraud
Earlier this month, Punjab National Bank (PNB) said it had reported a borrowing fraud of Rs 3,805 crore in Bhushan Power's account
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JSW Steel To Pay Rs 19,700 Crore By March 15 To Acquire Bhushan Power
Although the National Company Law Tribunal last September approved its resolution plan to take over the insolvent Bhushan Power and Steel, the Enforcement Directorate, which is investigating alleged fraud committed by the debt-laden firm's previous management, had attached the assets of BPSL which, it believed, were bought from proceeds of crime, f...
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Bhushan Power and Steel Ex-Director Gets Bail In Rs 5,500 Crore Fraud Case
Special Court in Delhi has granted bail to Aarti Singal, the former Director of Bhushan Power and Steel Limited (BPSL) in the fraud case of Rs 5,500 crores.
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Four Years On, Did RBI’s IBC Gamble With 40 Large Defaulters Work?
Four years after the RBI forced banks to refer 40 large bad loan accounts for insolvency, where do these cases stand?
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Bhushan Power Insolvency Resolution May Run Into Promoter Block...Again.
Sanjay Singhal approaches Supreme Court seeking a stay on implementation of JSW Steel’s resolution plan.
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Lenders Agree To JSW Steel’s Terms For Buying Bhushan Power & Steel
JSW Steel to take over Bhushan Power’s assets on conditional payments.
-
Government Mulls Insolvency Amendments To Avoid JSW-Bhushan Repeat | Profit Exclusive
The Ministry of Law & Justice is reviewing the amendments and legal ramifications.
-
Time, Committee Of Creditors, CBI, ED Probes — The Many Skeletons Of JSW Steel-BPSL Case
JSW Steel and CoC are looking to file separate review petitions in the case. Here is a look at key factors that led to the Supreme Court's surprise judgement.
-
IBC — To Implement Or Not To Implement
The SC order was finally pronounced last week, observing that due to legal infirmities in conduct of the insolvency process, JSW's approved resolution plan is set aside and BPSL shall be liquidated.
-
Government Reviewing Bhushan Power And Steel Order, To Finalise Way Forward Soon: DFS Secretary
Govt reviewing BPSL order, to finalise way forward soon: DFS Secy
-
Government Imposes 12% Safeguard Duty On Some Steel Imports To Prevent Chinese Dumping
The probe came after the Indian Steel Association filed a complaint with the DGTR alleging a "recent, sudden, sharp and significant increase in imports", causing "injury to the domestic industry."
-
Bhushan Power Insolvency: Centre To Take Final Call On ED's Opposition To JSW Steel's Plan
JSW Steel's counsel informed the court that all government bodies except the ED are in support of the resolution plan going forward on a clean slate.
-
Mapping The Insolvency Saga Of India’s Corporate High Flyers
Are the creditors getting close to recovering their dues from high profile promoters?
-
Bank Fraud: Rs 4,000-Crore Bhushan Power And Steel Assets Seized
The total value, under the provisional order for attachment, is Rs 4,025.23 crore.
-
Allahabad Bank Reports Rs 1,775 Crore Alleged Fraud By Bhushan Power & Steel
On July 6, state-run Punjab National Bank (PNB) said it had reported an alleged fraud of $554.6 million in Bhushan Power & Steel's accounts
-
Punjab & Sind Bank Reports Rs 238-Crore Fraud
Earlier this month, Punjab National Bank (PNB) said it had reported a borrowing fraud of Rs 3,805 crore in Bhushan Power's account
-
JSW Steel To Pay Rs 19,700 Crore By March 15 To Acquire Bhushan Power
Although the National Company Law Tribunal last September approved its resolution plan to take over the insolvent Bhushan Power and Steel, the Enforcement Directorate, which is investigating alleged fraud committed by the debt-laden firm's previous management, had attached the assets of BPSL which, it believed, were bought from proceeds of crime, f...
-
Bhushan Power and Steel Ex-Director Gets Bail In Rs 5,500 Crore Fraud Case
Special Court in Delhi has granted bail to Aarti Singal, the former Director of Bhushan Power and Steel Limited (BPSL) in the fraud case of Rs 5,500 crores.
-
Four Years On, Did RBI’s IBC Gamble With 40 Large Defaulters Work?
Four years after the RBI forced banks to refer 40 large bad loan accounts for insolvency, where do these cases stand?
-
Bhushan Power Insolvency Resolution May Run Into Promoter Block...Again.
Sanjay Singhal approaches Supreme Court seeking a stay on implementation of JSW Steel’s resolution plan.
-
Lenders Agree To JSW Steel’s Terms For Buying Bhushan Power & Steel
JSW Steel to take over Bhushan Power’s assets on conditional payments.
