The Delhi High Court has dismissed money laundering charges against Bhushan Power and Steel Ltd. (BPSL), now owned by JSW Steel, citing a successful resolution under the Insolvency and Bankruptcy Code ...
The Delhi High Court has set aside the money laundering proceedings against erstwhile Bhushan Power and Steel Ltd. Justice Manmeet P S Arora, while dealing with a petition by BPSL, observed after ...
A taxpayer’s post-assessment, late-filed return was not a “return” for dischargeability under 11 U.S.C. § 523(a)(1)(B)(i), a bankruptcy court held, granting summary judgment for the IRS. Taxpayer, an ...
The Delhi High Court recently quashed criminal proceedings against Bhushan Power & Steel Limited (BPSL) in relation to a complaint filed by the Enforcement Directorate (ED) under the Prevention ...
Mumbai: Right to Information (RTI) activist Anil Galgali has addressed a letter to the Finance Minister and Minister of Corporate Affairs, Nirmala Sitharaman, and the Minister of State for Corporate ...
When Elon Musk bought Twitter in 2022, he laid off thousands of employees, stopped paying rent and auctioned off coffee makers and office chairs in hopes of a big turnaround.