{"id":229573,"date":"2019-02-06T05:56:00","date_gmt":"2019-02-06T05:56:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=229573"},"modified":"2019-02-06T06:13:35","modified_gmt":"2019-02-06T06:13:35","slug":"bhushan-power-nclat-ruling-re-affirms-need-to-extract-maximum-value","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bhushan-power-nclat-ruling-re-affirms-need-to-extract-maximum-value\/","title":{"rendered":"Bhushan Power: NCLAT ruling re-affirms need to extract maximum value"},"content":{"rendered":"<p>Bhushan Power &amp; Steel was first admitted for insolvency proceedings under IBC on July 28, 2017. Not only has the case been in the system for double the time than what is mandated under IBC (270-day extended timeline), but the NCLAT\u2019s order on February 4, that upholds JSW Steel\u2019s bid for Bhushan Power &amp; Steel, has stated that the period from May 7, 2018 till date be excluded for the purpose of counting of the period of 270 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bhushan Power &amp; Steel was first admitted for insolvency proceedings under IBC on July 28, 2017. Not only has the case been in the system for double the time than what is mandated under IBC (270-day extended timeline), but the NCLAT\u2019s order on February 4, that upholds JSW Steel\u2019s bid for Bhushan Power &amp; Steel, has stated that the period from May 7, 2018 till date be excluded for the purpose of counting of the period of 270 days.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-229573","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/229573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=229573"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/229573\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=229573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=229573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=229573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}