This halts liquidation proceedings at the NCLT until at least 2 June, which is JSW Steel’s deadline to file a review petition on the apex court’s 2 May verdict.
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The apex court’s quashing of its over $4 bn relief request did little to dim the telco’s stellar all-round show in FY25 or the market’s love for the stock.
The Supreme Court set aside a Delhi High Court ruling that asked Wikipedia to remove an article about court proceedings in a case filed by ANI.
Acquirer JSW Steel and the other parties to the resolution process of the insolvent entity vitiated the sanctity of the bankruptcy code, the apex court found.