SC, Non-implementation of resolution plan by JSW for about two years since its approval is not justifiable: Case of Kalyani Transco vs Bhushan Power and Steel Ltd, SC Judgement Dated 2nd May 2025.The apex court rejects resolution plan of JSW since Successful Resolution Applicant (JSW) did not implement the Resolution Plan for about two years since its approval by the NCLAT, though there was no legal impediment in implementing the same. Such flagrant violation of the terms of the Resolution Plan, has frustrated the very object and purpose of the Code.