NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has rejected an “appeal” made by the Committee of Creditors (CoC) seeking the “early disposal” of the corporate insolvency resolution process of debt-ridden Bhushan Power and Steel (BPSL). The plea was filed to speed track the process in the matter after the NCLT had reserved its judgement on the approval to JSW Steel’s resolution plan for Bhushan on April 23.
