SC orders status quo on Bhushan Power & Steel liquidation, giving JSW Steel time to file review plea over Rs 19,700-crore resolution plan.
Read Full ArticleDirector can’t be prosecuted for cheque bounce if company is under moratorium under IBC, as management shifts to IRP, limiting repayment capacity: SC
![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)
