The National Company Law Tribunal (NCLT) on Friday issued a notice to Gensol Engineering, directing it to file a reply over the insolvency plea by the Indian Renewable Energy Development Agency, and listed the matter on June 3 for hearing.
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IREDA’s plea came for hearing before a two-member Ahmedabad-based Bench of the insolvency tribunal NCLT.
The Bench, comprising Judicial Member Shammi Khan and Technical Member Sanjeev Kumar Sharma, has directed to list the matter on June 3 for the hearing.
During the proceedings, IREDA requested the bench to appoint an Interim Resolution Professional (IRP) to take charge of the company as the top leadership has exited, following the order passed by the market regulator SEBI. However, the…
