No asset freeze relief for Gensol

PTI

New Delhi, Updated At : 02:12 AM Jun 05, 2025 IST

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Insolvency appellate tribunal NCLAT on Wednesday declined to stay the NCLT order directing to freeze assets of Gensol, its promoters, and related entities. It has directed two Gensol Group entities — BluSmart Premium Feet and Matrix Gas and Renewable — to approach the Ahmedabad bench of the National Company Law Tribunal (NCLT) with their plea, where the matter has been listed for hearing on June 12.

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#AssetFreeze #CompanyLaw #InsolvencyTribunal #MatrixGas #NCLTOrder BluSmart Gensol LegalDispute NCLAT renewableenergy

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