27 Sep 2025 | 5 Mins Read
JSW Steel welcomes Supreme Court's Bhushan Power and Steel verdict
Flipitmoney
JSW Steel welcomed the Supreme Court's decision upholding its Rs 19,700 crore resolution plan for Bhushan Power and Steel Limited, bringing an end to an eight-year legal battle. The Supreme Court upheld the National Company Law Appellate Tribunal's 2020 verdict, dismissing appeals by the former promoters and creditors, and reaffirming the integrity and sanctity of the IBC.