Promoter/group:
Sanjay Singal/Bhushan
Companies: None Lost control of: Bhushan Power and Steel
Peak revenue: `11,262 crore (March 2014) Current revenue: Nil
Reason for insolvency: Unrealistic and costly capacity creation, financial irregularities
Insolvency claims admitted: `57,505 crore for Bhushan Steel, `48,000 crore for Bhushan Power and Steel
Status: JSW Steel acquired Bhushan Power and Steel for `19,350 crore