https://www.taxtmi.com/news?id=51871 The Supreme Court recalled its prior liquidation order of BPSL and is rehearing challenges arising from the approval and setting aside of JSW Steel's resolution plan, focusing on whether the CoC's commercial wisdom may be re-evaluated after approval, the CoC's functus officio status and obligation to implement the plan, the locus standi of erstwhile promoters to challenge the plan given alleged siphoning, and whether EBITDA and operational profits generated during CIRP must be accounted for in assessing plan viability. en-us Thu, 07 Aug 2025 20:16:03 +0530 Thu, 07 Aug 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51871 The Supreme Court recalled its prior liquidation order of BPSL and is rehearing challenges arising from the approval and setting aside of JSW Steel's resolution plan, focusing on whether the CoC's commercial wisdom may be re-evaluated after approval, the CoC's functus officio status and obligation to implement the plan, the locus standi of erstwhile promoters to challenge the plan given alleged siphoning, and whether EBITDA and operational profits generated during CIRP must be accounted for in assessing plan viability. News - Thu, 07 Aug 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=51871