Tag: Bankruptcy Proceddings
-
Big Blow to Tata Steel as U.K.’s Liberty House Bid to be Considered for Bhushan Power and Steel
The NCLAT (National Company Law Appellate Tribunal) has asked the CoC (Committee of Creditors) of BPSL (Bhushan Power and Steel Ltd) to consider the bid of UK’s Liberty House for the Bhushan Power which is currently undergoing the bankruptcy proceedings. Liberty House was a late entrant in the bidding process of BPSL and had submitted…