Supreme Court Upholds Resolution Plan in Bhushan Power & Steel Insolvency: Detailed Scrutiny of ED Powers, Section 29A Compliance, and NCLAT Jurisdiction
Kalyani Transco v. M/s Bhushan Power and Steel Ltd. & Ors. I. Introduction and Background In a landmark pronouncement, the Supreme Court of India adjudicated upon a group of civil appeals under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC), challenging the judgment dated 17.02.2020 passed by the National Company Law Appellate Tribunal […]