NCLT Notices To BluSmart, Gensol On Fresh Insolvency Petitions

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SUMMARY

NCLT has issued notices to BluSmart and EPC company Gensol Engineering on insolvency petitions by creditors

Spectrum Trimpex Pvt. Ltd and Catalyst Trusteeship Ltd moved NCLT against BluSmart over unpaid dues worth INR 1 crore each.

Equentia Financial Services Pvt. Ltd said that Gensol Engineering owed it around INR 9 Cr

The National Company Law Tribunal (NCLT) has reportedly issued notices to BluSmart Mobility and Gensol Engineering on fresh insolvency petitions by creditors over alleged unpaid dues.

A Mint report…



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NCLT Notices To BluSmart, Gensol On Fresh Insolvency Petitions


SUMMARY

NCLT has issued notices to BluSmart and EPC company Gensol Engineering on insolvency petitions by creditors

Spectrum Trimpex Pvt. Ltd and Catalyst Trusteeship Ltd moved NCLT against BluSmart over unpaid dues worth INR 1 crore each.

Equentia Financial Services Pvt. Ltd said that Gensol Engineering owed it around INR 9 Cr

The National Company Law Tribunal (NCLT) has reportedly issued notices to BluSmart Mobility and Gensol Engineering on fresh insolvency petitions by creditors over alleged unpaid dues.

A Mint report…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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