The government has discussed with banks a court order that scrapped JSW Steel's plan to acquire Bhushan Power and Steel, and is finalising a response, the secretary of the department of financial services (DFS) under finance ministry said on Monday.
"I have already reviewed (the order) with all the lenders. We have taken a position, we have studied the judgement, we have got our advocates' view on the judgment," M Nagaraju of the DFS said.
"Now we are taking a view in the government on how do we approach the judgment. We will finalise soon."
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