Calcutta HC: Employee Looking for Another Job with Rival Company Isn’t Contrary || Allahabad HC: Can’t Call Hindu Marriage Invalid Only because it Isn’t Registered || Allahabad HC: Can’t Call Hindu Marriage Invalid Only because it Isn’t Registered || Allahabad HC: No Power on Police to Open History-Sheet on Likes or Dislikes || Rajasthan HC Puts Stay on Installation of Dairy Booth Outside Private Residence || Calcutta HC: Cannot Summon Accused to Produce Incriminating Evidence against Himself || Kerala HC Upholds STA’s decision mandating installation of cameras with Fatigue Detection Censors || SC: Executive Instructions Cannot Override Statutory Recruitment Processes || Delhi Lieutenant Governor’s Notification regarding Evidence of Police officers Put on Hold || SC Issues Notice in Plea to Bring Bar Councils under POSH Act

Top Court Stays High Court Ruling, Clears Deck for NCLT Order on Bhushan Power - (04 Jul 2019)

INSOLVENCY

Top Court has stayed an order of the Punjab and Haryana High Court in which it had asked the Committee of Creditors of Bhushan Power and Steel Limited and the National Company Law Tribunal (NCLT) to consider the objections raised by the former directors of the company before finalising any resolution plan. The directions by the high court were issued despite the Principal Bench of NCLT having already reserved its judgment on a resolution plan for Bhushan Power, submitted by JSW Steel.

Tags : TOP COURT BHUSHAN POWER

Share :