• Fri. Feb 6th, 2026
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    Tag: Not Liquidation

    JSW, ED, and CoC Face Off | 'One of the Worst Cases of Siphoning Encountered': Supreme Court Grills Delays in Rs 19,000 Cr Bhushan Steel Deal
    JSW, ED, and CoC Face Off | 'One of the Worst Cases of Siphoning Encountered': Supreme Court Grills Delays in Rs 19,000 Cr Bhushan Steel Deal
    Supreme CourtHeadlines

    JSW, ED, and CoC Face Off | ‘One of the Worst Cases of Siphoning Encountered’: Supreme Court Grills Delays in Rs 19,000 Cr Bhushan Steel Deal

    The Supreme Court Today (Aug 8) heard intense arguments in the Bhushan Power and Steel case, where the CoC slammed former promoters and accused JSW Steel of delay. Solicitor General Tushar Mehta called it a major case of fund siphoning and defended the CoC’s ongoing authority.

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    JSW, ED, and CoC Face Off | 'One of the Worst Cases of Siphoning Encountered': Supreme Court Grills Delays in Rs 19,000 Cr Bhushan Steel Deal
    JSW, ED, and CoC Face Off | 'One of the Worst Cases of Siphoning Encountered': Supreme Court Grills Delays in Rs 19,000 Cr Bhushan Steel Deal
    Supreme Court

    JSW Resolution Case | “We Want Fresh Start, Not Liquidation”: Ex-Bhushan Power Promoters Tell Supreme Court

    Former promoters of Bhushan Power Today (Aug 7) urged the Supreme Court to restart the insolvency process instead of liquidating the company. They argued that the approved JSW plan should be reviewed if it is found legally flawed.

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