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Deadline for Bhushan Power bid extended
01 Sep 2018
1 Min Read
CW Staff
<div>The deadline for the applicants of Bhushan Power and Steel to submit revised debt solutions under the Insolvency and Bankruptcy Code has been extended by NCLAT. The NCLAT had instructed all the three bidders, viz, Tata Steel, JSW Steel and Liberty House, to submit bids to the court. </div>
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<div>The revised bids are to be reopened following the Supreme Court's hearing of a Tata Steel plea which challenged an NCLAT order permitting the resolution professional for Bhushan Power to agree with revised bids.</div>
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<div>Contact: Bhushan Power and Steel.</div>
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<div>Tel: 011-4354 4500.</div>
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<div>Website: bhushanpowersteel.com</div>
<div>The deadline for the applicants of Bhushan Power and Steel to submit revised debt solutions under the Insolvency and Bankruptcy Code has been extended by NCLAT. The NCLAT had instructed all the three bidders, viz, Tata Steel, JSW Steel and Liberty House, to submit bids to the court. </div> <div><br /> </div> <div>The revised bids are to be reopened following the Supreme Court's hearing of a Tata Steel plea which challenged an NCLAT order permitting the resolution professional for Bhushan Power to agree with revised bids.</div> <div><br /> </div> <div>Contact: Bhushan Power and Steel.</div> <div><br /> </div> <div>Tel: 011-4354 4500.</div> <div><br /> </div> <div>Website: bhushanpowersteel.com</div>
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