Tag: Bankruptcy proceedings
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Fate of BPSL to be Decided Soon as Lenders start Voting on JSW Steel’s Revised Bid
Bhushan Power and Steel (BPSL) might become the fifth non-performing asset (NPA) account to get resolved under the Insolvency and Bankruptcy Code (IBC) from the Dirty Dozen list as its lenders have started their voting on the received bids today at 4pm according to the latest reports. The voting is expected to last till 4pm…