A general view of Supreme Court in New Delhi.
| Photo Credit: Shashi Shekhar Kashyap
The Supreme Court on Tuesday (July 29, 2025) fixed July 31 for hearing pleas seeking a review of a May 2 verdict that set aside a resolution plan submitted by JSW Steel Limited for Bhushan Steel and Power Limited (BSPL), holding it illegal 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 application for open-court hearing and fixed July 31 for hearing a batch of pleas seeking 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 considered the review pleas in chambers by circulation and passed the order.
The former promoters of BSPL urged the top court on July 21 to accord an open-court hearing to their plea for a review of the May 2 verdict.
The former promoters of BSPL were Sanjay Singhal and his family, specifically including his father Brij Bhushan Singhal and brother Neeraj Singhal.
Published – July 29, 2025 10:23 pm IST
