BPSL creditors face big clawback after SC rejection of plan

May 5, 2025

The Supreme Court overturned JSW Steel’s acquisition of Bhushan Power & Steel, potentially requiring creditors like Deutsche Bank and SBI to refund ₹19,350 crore within two months. This decision stems from a clause in the resolution plan mandating repayment if the acquisition was invalidated. The court also rejected JSW Steel’s justification for delaying a significant equity infusion.

More To Explore

Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?

Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.17 a

September 23, 2026

Global Market: Asian stocks rise after US tech rally, oil drops

MSCI’s Asia Pacific equity index climbed 0.3%, a sixth straight day of gains, with Japanese markets closed for a holiday. Bellwether chip stocks such as

September 23, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003