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Bhushan Power and Steel
Bankruptcy proceedings against ex-BPSL backers allowed
According to the insolvency and bankruptcy code (IBC), lenders can take erstwhile promoters or any guarantors to the corporate debtor to retrieve their dues
06 October 2021, 00:54 IST
Bankruptcy proceedings against ex-BPSL backers allowed
06 October 2021, 00:54 IST
Court dismisses former BPSL CMD Singal's bail plea
24 December 2019, 17:42 IST
Court dismisses former BPSL CMD Singal's bail plea
24 December 2019, 17:42 IST
PMLA: Former BPSL CMD Singal moves court for bail
Former Bhushan Power and Steel Ltd (BPSL) CMD Sanjay Singal moved a Delhi court Tuesday seeking interim bail in a multi-crore money laundering case linked to an alleged bank loan fraud, claiming various ailments.
03 December 2019, 14:10 IST
PMLA: Former BPSL CMD Singal moves court for bail
03 December 2019, 14:10 IST
NCLAT asks ED, MCA to reach consensus on BPSL assets
The appellate tribunal has directed to list the matter on November 18 for next hearing.
25 October 2019, 09:10 IST
NCLAT asks ED, MCA to reach consensus on BPSL assets
25 October 2019, 09:10 IST
ED attaches Rs 4,025.23 crore assets of Bhushan Steel
The Enforcement Directorate (ED) has attached immovable assets worth Rs 4,025.23 crore of Bhushan Power and Steel Ltd (BPSL) following investigations into money laundering allegations linked to an alleged bank loan fraud case.
12 October 2019, 15:20 IST
ED attaches Rs 4,025.23 crore assets of Bhushan Steel
12 October 2019, 15:20 IST
Allahabad Bank stock drops 8% after Rs 1,775-cr fraud
State-owned Allahabad Bank shares dropped nearly 8 per cent on Monday after the lender reported a Rs 1,775-crore fraud by Bhushan Power and Steel, to the RBI.
15 July 2019, 11:20 IST
Allahabad Bank stock drops 8% after Rs 1,775-cr fraud
15 July 2019, 11:20 IST