SC: Unfair to deny flat buyer’s claim once listed as financial creditor under IBC; directs handover of apartment within two months.
Read Full ArticleSC recalls its May 2 verdict cancelling JSW Steel’s ₹19,300 Cr resolution plan for Bhushan Power; matter to be heard afresh on August 7.
SC orders status quo on Bhushan Power & Steel liquidation, giving JSW Steel time to file review plea over Rs 19,700-crore resolution plan.
Director can’t be prosecuted for cheque bounce if company is under moratorium under IBC, as management shifts to IRP, limiting repayment capacity: SC
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![SC orders status quo on liquidation of Bhushan Power & Steel Ltd [Read Order]](/secure/uploads/2025/05/lj_5427_SC_orders_status_quo.webp)
![Company in moratorium under IBC; director can't be prosecuted for cheque dishonour: SC [Read Judgment]](/secure/uploads/2025/03/lj_5797_Company_in_moratorium_under.webp)
