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GENSOL INSOLVENCY CASE
Delhi High Court orders Gensol to hand over remaining EVs to Smas AutoThe Delhi High Court has directed Gensol Engineering's resolution professional to hand over remaining electric vehicles to Smas Auto Leasin...
Electric cab startup Evera in talks with Gensol to lease 1,000 carsGensol had initially considered selling the cars. But Evera has proposed leasing them instead. The IRP, Keshav Khaneja, along with the CoC,...
NCLT Ahmedabad bench admits insolvency petitions against Blusmart MobilityThe bench has appointed a resolution professional after concluding that the company has not paid around Rs 1.28 crore in dues against one o...
NCLAT directs NCLT to hear, pass order on Gensol's former independent director pleaThe NCLAT has instructed the NCLT to review Harsh Singh's plea against the investigation order involving Gensol Engineering. Singh, a forme...
NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRPThe National Company Law Tribunal has initiated insolvency proceedings against Gensol Engineering and Gensol EV Lease following petitions f...
Gensol Engineering shares slide 2% as NCLT reserves order on Rs 729 crore Ireda insolvency pleasGensol Engineering shares: On Wednesday, the two-member bench of the NCLT, consisting of judicial member Shammi Khan and technical member S...
NCLAT asks Gensol entities BluSmart and Matrix to approach NCLT on asset freezeThe NCLAT declined to immediately stay the NCLT's order freezing Gensol's assets, directing BluSmart and Matrix Gas to appeal to the Ahmeda...
Gensol defaults on BluSmart-linked bond repayment for MayGensol Engineering, linked to BluSmart's founders, has defaulted on Rs 4 crore in payments to its pass-through certificate (PTC) holders, i...
BluSmart fleet on the block, HCL-Foxconn semicon JVLenders and lessors are planning to sell EVs on the BluSmart fleet to recover their dues. This and more in today’s ETtech Morning Dispatch.