Supreme Court order

JSW Steel evaluating legal options for troubled BPSL assets

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JSW Steel evaluating legal options for troubled BPSL assets

JSW Steel implemented the resolution plan for Bhushan Steel and Power Ltd “in full compliance” and the company is now evaluating all options to reach a legal remedy, including review of the Supreme Court order. On May 2, the Supreme Court rejected the resolution plan submitted by JSW Steel, holding it illegal and in violation … Read more

Bank locker agreement: What will happen if you don’t sign revised locker agreement by December 31?

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Bank locker agreement: What will happen if you don’t sign revised locker agreement by December 31?

The Reserve Bank of India had set December 31, 2023, as the deadline for all banks to get all locker holders to sign a revised bank locker agreement. The central bank has specified that bank locker holders are required to endorse a revised version supplied by their respective banks and ensure its submission before the … Read more