Update cookies preferences

/

•

•

SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it | The Morning Context

LONGREAD
/
Business

SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it

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.

4 May, 2025•10 min

6

4 May, 2025•10 min

6

Getting your Trinity Audio player ready...

SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it

More in Business

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.

Prince M. Thomas

Story image

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Story image

BSE and NSE’s money-with-morals indices struggle to justify their existence

BSE and NSE’s money-with-morals indices struggle to justify their existence

Story image

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Story image

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Story image

Groww just can’t seem to shake off its derivatives dependence

Groww just can’t seem to shake off its derivatives dependence

You may also like

Story image

Sajjan Jindal’s $23 billion expansion tests the limits of risk

The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.

Prince M. Thomas

Story image

Dharma at stake: Vedanta’s Anil Agarwal pushes back on Jaypee outcome

Despite a higher offer, creditors chose Gautam Adani’s Adani Enterprises—setting up a courtroom fight that raises questions over the bankruptcy resolution process’s priorities.

Prince M. Thomas

Story image

Tata finds its steel. JSW gets a real fight

A sharper growth push from Tata Steel is reshaping a long-running contest with JSW Steel and shifting the market’s loyalties. But can it keep its expansion-hungry rival at bay?

Prince M. Thomas

Stories Events Thought Leadership On the Record About Us Careers

India Edition

India Edition

India Middle East Startups Longreads Stock Markets Current Affairs Banking & Fintech Renewables CODA Opinion Who reads us

Current Affairs

Banking & Fintech

/

•

•

LONGREAD
/
Business

SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it

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.

4 May, 2025•10 min

6

4 May, 2025•10 min

6

Getting your Trinity Audio player ready...

SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it

More in Business

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.

Prince M. Thomas

Story image

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Story image

BSE and NSE’s money-with-morals indices struggle to justify their existence

BSE and NSE’s money-with-morals indices struggle to justify their existence

Story image

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Story image

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Story image

Groww just can’t seem to shake off its derivatives dependence

Groww just can’t seem to shake off its derivatives dependence

You may also like

Story image

Sajjan Jindal’s $23 billion expansion tests the limits of risk

The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.

Prince M. Thomas

Story image

Dharma at stake: Vedanta’s Anil Agarwal pushes back on Jaypee outcome

Despite a higher offer, creditors chose Gautam Adani’s Adani Enterprises—setting up a courtroom fight that raises questions over the bankruptcy resolution process’s priorities.

Prince M. Thomas

Story image

Tata finds its steel. JSW gets a real fight

A sharper growth push from Tata Steel is reshaping a long-running contest with JSW Steel and shifting the market’s loyalties. But can it keep its expansion-hungry rival at bay?

Prince M. Thomas

Context is everything.

Detailed stories on technology startups, business and economic current affairs.

Reads

Home Page
India
Middle East
The Gulf Review
Startups
State of the Unicorns
Stock Markets
Current Affairs
Opinion

Technology Startups

Artificial Intelligence
Quick Commerce
E-commerce
Deep tech
Consumer brands
Electric vehicles
Agri-tech
Ed-tech
Fin-tech
Software-as-a-Service
Food delivery

Business

Aviation
Conglomerates
Banking & Finance
Energy
Stock Markets
SEBI
RBI
Mutual Funds
Retail
Media
Telecom

Opinion

Today’s Opinion
CODA
Strategy, defence, diplomacy
Economy
World Affairs
Love & Family
Technology
Agriculture

The Company

About Us
Who Reads Us
On The Record
Thought Leadership
Events
Careers
Editorial Code

Individual Subscription
Corporate Subscription
University & College Subscription
Student Subscription
Lifetime Patron Membership
Gift Subscription
Free Subscription

© 2026 Slowform Holdings Ltd.Terms of Service Privacy Policy Grievance Redressal Help