New Delhi, May 27 -- The National Company Law Tribunal (NCLT) on Tuesday deferred liquidation proceedings for Bhushan Power and Steel Ltd (BPSL) till August, following a 26 May Supreme Court order directing status quo in the matter.

"In the wake of the Supreme Court order, hearing stands deferred till 1 August," the NCLT-Delhi said.

The Supreme Court on Monday granted interim relief to JSW Steel, which had sought a pause on the BPSL liquidation proceedings to file a review petition challenging the top court's 2 May verdict.

That ruling quashed JSW's Rs.19,300 crore resolution plan for the bankrupt steel company and ordered its liquidation.

The Supreme Court allowed JSW to file the review petition within the statutory limitation period...