NCLT Delhi Seeks Reply Of Bhushan Steel's Monitoring Committee On Policy For Retirement [Read Order]

The Principal Bench of the National Company Law Tribunal at Delhi has sought response from the Monitoring Committee of debt-ridden Bhushan Power & Steel Limited (BPSL) in relation to its retirement policy issued to over 200 BPSL employees last month. The Tribunal was hearing a challenge to the validity of the Retirement Policy which provides that all BPSL employees who are older...