The National Company Law Tribunal ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nclt” target=”_blank”>NCLT) has issued a notice to rel=”dofollow” href=”https://economictimes.indiatimes.com/gensol-engineering-ltd/stocks/companyid-1948393.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Gensol Engineering following the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/insolvency-plea” target=”_blank”>insolvency plea filed against it by the rel=”dofollow” href=”https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Indian Renewable Energy Development Agency ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ireda” target=”_blank”>Ireda), a report said.
A bench of NCLT judicial member Shammi Khan and technical member Sanjeev Kumar Sharma instructed notice to be served to Gensol on all modes and list the matter for hearing on June 3, according to a report by Bar & Bench.
Ireda had sought insolvency proceedings against ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gensol-engineering” target=”_blank”>Gensol Engineering over a default of Rs 510 crore, according to an exchange filing…
