KALYANI TRANSCO vs M/S BHUSHAN POWER AND STEEL LTD

Supreme Court of IndiaJudgment2 May 2025

About this record

The Supreme Court of India decided this matter on 2 May 2025. Its neutral citation is 2025 INSC 621. The bench of 2 comprised Justice Bela M. Trivedi and Justice Satish Chandra Sharma.

The disposal recorded by the registry is "The orders of the NCLT and NCLAT were quashed and set aside; liquidation proceedings were…". The record refers to 3 enactments, among them Insolvency and Bankruptcy Code, 2016, Banking Regulation Act, 1949 and Prevention of Money Laundering Act, 2002. 7 statutory provisions are noted on the record.

Court record

Court record details
Court	Supreme Court of India
Record type	Judgment
Neutral citation	2025 INSC 621
Diary number	Diary No. 7358/2020
Date of decision	2 May 2025
Decision year	2025
Bench	HON'BLE MS. JUSTICE BELA M. TRIVEDI HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA
Petitioner	KALYANI TRANSCO
Respondent	M/S BHUSHAN POWER AND STEEL LTD.
Disposal	The orders of the NCLT and NCLAT were quashed and set aside; liquidation proceedings were directed against Bhushan Powe…
Reporting	reportable
Acts	Insolvency and Bankruptcy Code, 2016 Banking Regulation Act, 1949 Prevention of Money Laundering Act, 2002
Sections	Section 15 of IBC Section 29A of IBC Section 30(2), 31(1), 33 of IBC Section 60(6) of IBC Section 12 of IBC Section 13 of IBC Section 17, 18, 20, 25, 30(2), 30(3), 30(4), 31(1), 33 of IBC

These are the case details as recorded by the court. CourtMesh does not alter court records. Every linked value opens the other records that share it.

How to refer to this record

These identifiers come from the court record itself. The address below is permanent: if the page is ever renamed, the old address keeps redirecting to it, so it is safe to cite in a note, a brief or a footnote.

Neutral citation: 2025 INSC 621, which also resolves at https://courtmesh.ai/judgment/citation/2025-insc-621
Court and date: Supreme Court of India, 2 May 2025
Permanent address of this record: https://courtmesh.ai/judgment/supreme-court/2025/kalyani-transco-vs-m-s-bhushan-power-and-steel-ltd-2025-390895

Need this as data, not as a page?This record is one of many CourtMesh holds for the Supreme Court of India. The Indian court cases API serves the same records over JSON, with API documentation and plans and pricing. See also Supreme Court of India data coverage.

Inside the full case file

HeadnoteUnlocks with a free account

Key Facts

Legal Issues

Arguments Holding Legal Principles Case History with Orders Similar Cases Full judgment text

See the rest of this matter

The court record above is free, and it stays free. A free CourtMesh account opens the rest of the file:

The complete timeline of the matter, hearing by hearing
Every order and document on the record, ready to read
The full judgment exactly as the court published it
AI analysis: what was decided, on what reasoning, in minutes instead of an afternoon

Free account. No card. About a minute to create.

Create a free account

The same account unlocks all of CourtMesh Research: AI-powered search across 300 million+ Indian court records, a research agent that finds and reads the case law for you, and every judgment page like this one, in full.