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Sparsh Jindal

26th May 2025 · SEBI-Registered Analyst

SC to Hear JSW Steel’s Plea on BPSL Liquidation Today

The Supreme Court will hear JSW Steel's review plea today on its rejected ₹19,300 crore resolution plan for Bhushan Power & Steel. JSW seeks a 60-day delay in liquidation and refund of payments. Meanwhile, former promoter Sanjay Singhal has urged immediate implementation of liquidation to protect BPSL’s assets.

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