Informative

JSW Steel files review petition against Supreme Court verdict directing liquidation of Bhushan Power

Update / Judgement Date

26 Jun 2025

Source

Bar and Bench

Author

Team — WCP Legal Desk

Reading Time

1 min read

Appeal Against OrderInsolvency & Bankruptcy Code

JSW Steel has filed a review petition challenging the Supreme Court’s order directing liquidation of Bhushan Power & Steel. The SC had earlier reversed the NCLAT's approval of JSW’s resolution plan. This move is significant for IBC jurisprudence and investor sentiment in distressed asset deals.

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JSW Steel files review petition against Supreme Court verdict directing liquidation of Bhushan Power

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