Archive · 3 Aug 2025

Insolvency Experts Discuss Bhushan Power & Steel Future

Insolvency Experts Discuss Bhushan Power & Steel Future

Imagine a company called Bhushan Power & Steel (BPSL) that had money problems.

A company called JSW Steel bought it to help.

Now, the Supreme Court is looking at whether the sale was done correctly.

Some experts think it would be best if JSW Steel keeps running the company because it's doing well now.

However, the court could decide to take action against people involved in the sale because of some issues.

There is a chance that new companies could try to buy BPSL, or that JSW could re-apply.

The court will also think about the workers and money already invested.

Sources