Tata Steel's appeal in Bhushan Power is "premature" and "uncalled for": NCLAT

Varun Marwah February 5 2019

The NCLAT has turned down Tata Steel's appeal against an NCLT order passed in April 2018, which directed Bhushan Power and Steel’s Resolution Professional (RP) and Committee of Creditors (CoC) to consider the resolution plan submitted by Liberty House.

Bhushan Power and Steel was one of the first 12 cases referred by the Reserve Bank of India for insolvency . . .

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