Tag: Bhushan power and steel

Big Blow to Tata Steel as CoC Asks for Fresh Bids in Case of Bhushan Power and Steel

Jul 27, 2018

—

by

Aditi Tiwari

in HRC

In a recent twist of events in an auction case of Bhushan Power & Steel Ltd (BPSL), the CoC (Committee of Creditors) has asked for submission of fresh bids from all the three bidders in the case i.e. Tata Steel, JSW Steel and Liberty House by 31 July 2018. This decision from CoC is unfavourable…