SC recalls order cancelling JSW’s Rs 19,300 cr Bhushan Power resolution plan; Fresh hearing on Aug 7

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The Supreme Court has recalled its previous order that cancelled JSW Steel's resolution plan for Bhushan Power and Steel Ltd, deeming it a suitable case for review. The court acknowledged that the prior judgment might not have adequately considered established legal precedents. A comprehensive hearing is scheduled for next Thursday to re-examine all legal and factual aspects of the case.