India: SC sets final hearing of JSW’s BSPL acquisition case on 3 Nov’20

The Supreme Court of India has scheduled the last hearing of the JSW Steel’s much-awaited Bhushan Power & Steel acquisition case on 3 Nov’20, as per media reports. With this, Jindal-led JSW is hoping to see an end to this case, expecting a favorable decision from the apex court. Earlier this year, JSW Steel has got approval from NCLAT to acquire BPSL with a settlement amount of INR 19,700 cr. to lenders as upfront cash for takeover of the company.


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