Bhushan Power ex-promoter moves NCLT to give effect to SC liquidation order

Sanjay Singal, former promoter of Bhushan Power and Steel, has appealed to the NCLT Delhi to enforce the Supreme Court's decision overturning JSW Steel's resolution plan for BPSL. The Supreme Court had nullified the ₹19,700 crore plan, citing non-compliance with IBC sections, and mandated liquidation proceedings. Singal's application seeks the Tribunal's directives to implement the apex court's verdict.