印度最高法院维持JSW钢铁公司对BPSL的19700分买断,
India's Supreme Court upheld JSW Steel's ₹19,700 crore buyout of BPSL, ending a years-long legal battle.
印度最高法院推翻了其先前的决定,维护了JSW Steel关于收购Bhushan Power and Steel Ltd(BPSL)的19,700 克罗尔决议计划,结束了长达多年的法律斗争。
The Supreme Court of India has reversed its earlier decision, upholding JSW Steel’s ₹19,700 crore resolution plan to acquire Bhushan Power and Steel Ltd (BPSL), ending a years-long legal battle.
法院驳回了前促进者和债权人提出的上诉,确认了债权人委员会裁决的终局性,并强调了《破产和破产法》在改造受困资产方面的重要性。
The court rejected appeals from former promoters and creditors, affirming the finality of the Committee of Creditors’ decision and emphasizing the importance of the Insolvency and Bankruptcy Code (IBC) in transforming distressed assets.
尽管先前的裁决宣布计划无效,但法院认定,拖延是由于诸如资产附加物等外部因素,而不是JSW的行动造成的,并承认该公司的成功转折,包括生产能力扩大和工作保护。
Despite prior rulings declaring the plan invalid, the court found that delays were due to external factors like asset attachments, not JSW’s actions, and recognized the company’s successful turnaround, including expanded production capacity and job preservation.
这项决定加强了印度IBC框架的可信度,确保了未来公司重组的稳定。
The decision reinforces the credibility of India’s IBC framework, ensuring stability for future corporate restructurings.