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JSW Steel to Move NCLAT for Bhushan Steel Ltd on Sept 13-2020 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition
9/13/2019 钣金展-激光展- Laser expo, Sheet Metal Industry expo |
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Business Line reported that JSW Steel will move the National Company Law Appellate Tribunal on Friday to seek immunity from the ongoing criminal fraud cases against Bhushan Power and Steel Ltd. JSW Steel is the new owner of Bhushan Power after it emerged the top bidder through the insolvency process. JSW Steel will also appeal to retain the profit made by Bhushan Power and Steel in its books during the last two years of insolvency period, said legal sources close to the company.
Earlier this week, the National Company Law Tribunal approved the INR 19,700-crore bid placed by JSW Steel but directed the company to seek relief from ongoing cases from the competent authority.
钣金展-激光展-2020年第二十一届广州国际激光设备及钣金工业展
-2020 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition
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