https://www.taxtmi.com/caselaws?id=356297 The petition under Section 7 of the Insolvency and Bankruptcy Code was admitted by the Tribunal against Bhushan Steel Limited. The Tribunal found the application properly authorized, dismissed objections regarding compliance with RBI guidelines, and addressed calculation discrepancies in the claimed amounts. The petition was admitted, an Interim Resolution Professional was appointed, and a moratorium was declared, initiating the Corporate Insolvency Resolution Process for Bhushan Steel Limited. en-us Wed, 26 Jul 2017 00:00:00 +0530 Tue, 27 Feb 2018 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356297 The petition under Section 7 of the Insolvency and Bankruptcy Code was admitted by the Tribunal against Bhushan Steel Limited. The Tribunal found the application properly authorized, dismissed objections regarding compliance with RBI guidelines, and addressed calculation discrepancies in the claimed amounts. The petition was admitted, an Interim Resolution Professional was appointed, and a moratorium was declared, initiating the Corporate Insolvency Resolution Process for Bhushan Steel Limited. Case-Laws Insolvency and Bankruptcy Wed, 26 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356297