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In the recent order, NCLAT restricted Gensol IRP from leasing 152 EVs, as the lease agreement expired before Gensol’s insolvency proceedings began
The order came on a petition filed by SMAS Auto Leasing India, one of Gensol’s lessors, which had leased out 164 vehicles to the company
Gensol has been under insolvency proceedings since June 13
The National Company Law Appellate Tribunal (NCLAT) today restricted Gensol Engineering interim resolution professional (IRP)…
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In the recent order, NCLAT restricted Gensol IRP from leasing 152 EVs, as the lease agreement expired before Gensol’s insolvency proceedings began
The order came on a petition filed by SMAS Auto Leasing India, one of Gensol’s lessors, which had leased out 164 vehicles to the company
Gensol has been under insolvency proceedings since June 13
The National Company Law Appellate Tribunal (NCLAT) today restricted Gensol Engineering interim resolution professional (IRP)…
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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