The Supreme Court has restrained the National Company Law Appellate Tribunal (NCLAT) from taking a final decision on bids for the debt-stricken Bhushan Power and Steel Ltd. (BPSL) without its permission.

A bench of Justices R F Nariman and Indu Malhotra sought response from the Centre and others on a plea filed by BPSL CMD Sanjay Singal while tagging the matter with a batch of similar cases for joint hearing.

“Issue notice… In the meantime, the bids will not be finalised by the National Company Law Tribunal without the leave of this court,” the Bench said.

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