The Supreme Court on Tuesday (July 29, 2025) fastened July 31 for listening to pleas looking for a review of a May 2 verdict that put aside a decision plan submitted by JSW Steel Limited for Bhushan Steel and Power Limited (BSPL), holding it unlawful and in violation of the Insolvency and Bankruptcy Code (IBC).
A Bench of Chief Justice B.R. Gavai and Justice Satish Chandra Sharma allowed an software for open-court listening to and glued July 31 for listening to a batch of pleas looking for a review of the verdict.
“Application(s) for listing review petition(s) in open court and application for oral hearing are allowed. Issue notice. List these matters on July 31, 2025 at 3 p.m.,” the bench ordered.
The Court thought of the review pleas in chambers by circulation and handed the order.
The former promoters of BSPL urged the highest court docket on July 21 to accord an open-court listening to to their plea for a review of the May 2 verdict.
The former promoters of BSPL have been Sanjay Singhal and his household, particularly together with his father Brij Bhushan Singhal and brother Neeraj Singhal.
