The Supreme Court has halted the liquidation process for Bhushan Power & Steel (BPSL) following a plea from JSW Steel, whose resolution plan was previously rejected. The court ordered a status quo to prevent complications, as JSW Steel intends to file a review petition against the earlier judgment. The Supreme Court has halted the liquidation process for Bhushan Power & Steel (BPSL) following a plea from JSW Steel, whose resolution plan was previously rejected. The court ordered a status quo to prevent complications, as JSW Steel intends to file a review petition against the earlier judgment.