{"id":296017,"date":"2019-10-14T12:25:32","date_gmt":"2019-10-14T06:55:32","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296017"},"modified":"2019-10-14T12:35:18","modified_gmt":"2019-10-14T07:05:18","slug":"eds-bhushan-power-steel-move-vindicates-stand-jsw","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/eds-bhushan-power-steel-move-vindicates-stand-jsw\/","title":{"rendered":"ED&#8217;s Bhushan Power &amp; Steel move vindicates stand: JSW"},"content":{"rendered":"<p>MUMBAI: The Enforcement Directorate\u2019s (ED) move to attach the properties of Bhushan Power &amp; Steel (BPSL) is a \u201cvindication\u201d of its stand, JSW Steel said on Sunday.<\/p>\n<p>India\u2019s second-largest steelmaker has offered to acquire BPSL, but sought immunity from litigation related to alleged frauds at the bankrupt company.<\/p>\n<p>\u201cThe move vindicates JSW Steel\u2019s stand of seeking immunity from attachment of properties of the corporate debtor,\u201d said Seshagiri Rao, joint managing director, JSW Steel, on Sunday. \u201cThis may happen even in other cases, where the control is changed under the (Insolvency and) Bankruptcy Code.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: The Enforcement Directorate\u2019s (ED) move to attach the properties of Bhushan Power &amp; Steel (BPSL) is a \u201cvindication\u201d of its stand, JSW Steel said on Sunday. India\u2019s second-largest steelmaker has offered to acquire BPSL, but sought immunity from litigation related to alleged frauds at the bankrupt company. \u201cThe move vindicates JSW Steel\u2019s stand of seeking immunity from attachment of properties of the corporate debtor,\u201d said Seshagiri Rao, joint managing director, JSW Steel, on Sunday. \u201cThis may happen even in other cases, where the control is changed under the (Insolvency and) Bankruptcy Code.\u201d<\/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":[130,239,136],"tags":[],"class_list":["post-296017","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296017","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=296017"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296017\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}