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Posted on: July 20, 2018, 7:21 a.m.
The National Company Law Appellate Tribunal (NCLAT) today gave a go-ahead to the lenders' meeting of debt-ridden Bhushan Power & Steel (BPSL), directing it to finalise a bid for the company. Vacating its earlier stay, the appellate tribunal has directed the committee of creditors (CoC) of the company to consider the resolution plans submitted by three firms -- Tata Steel, Liberty House and JSW Steel. NCLAT has also directed the CoC to call all the three bidders, along with operational ... Full investment news articleRelevent to this post: Michigan State University Office of Investments University of Nebraska Foundation,