NCLAT today stayed the meeting of Committee of Creditors of Bhushan Power and Steel Ltd to vote on finalisation of bids of the debt-ridden firm.
Leading integrated steel manufacturer JSW Steel is looking at inorganic growth in both domestic and international markets as well as organic growth, to steer the company on its growth path, company chairman and managing director Sajjan Jindal said.
The National Company Law Tribunal today extended the deadline by 16 days to facilitate the Committee of Creditors of Lanco Infratech to examine the revised resolution plan submitted by Thriveni Earthmovers, a Tamil Nadu-based infra and mining firm.
The National Company Law Tribunal, which dismissed Cyrus Mistry's petition against Tata Sons earlier this week, has held that all the allegations made by the former chairman against Ratan Tata, Tata Sons and group companies are devoid of merit.
The National Company Law Tribunal (NCLT), which upheld the removal of Cyrus Mistry as chairman of Tata Sons, said an executive chairman does not enjoy a free hand and that he also cannot assume that majority shareholders and the board would be at his "beck and call".