French electrolyser firm McPhy faces partial asset sale and liquidation – H2 View
French electrolyser firm McPhy faces partial asset sale and liquidation H2 View Read the original article here
Gensol Engineering shares hit 5% upper circuit even as Ireda files for insolvency proceedings against firm – Moneycontrol
Gensol Engineering shares hit 5% upper circuit even as Ireda files for insolvency proceedings against firm Moneycontrol Read the original article here
Bankruptcy resolutions peak in FY25; creditors recover over ₹67,000 crores – Mint
Bankruptcy resolutions peak in FY25; creditors recover over ₹67,000 crores Mint Read the original article here
Proof & Company Australia enters administration
Proof & Company has announced its Australian business has entered voluntary administration. One of Asia Pacific’s leading independent spirits companies, Proof & Company has offices in Singapore, Hong Kong, Shanghai, Beijing, Auckland and Christchurch. Its Australian offices are in Melbourne, Sydney and Adelaide. Brands that have partnered Proof & Company Australia in recent years include…
Gensol Engineering Shares Locked in 5% Upper Circuit After IREDA Files Insolvency Plea Against Firm
Earlier in the week, Gensol’s Managing Director, Anmol Singh Jaggi, and Whole-time Director, Puneet Singh Jaggi, resigned from their positions following an interim order by the Securities and Exchange Board of India (SEBI). The order alleged that the Jaggi brothers diverted funds intended for purchasing electric vehicles for their affiliate, BluSmart, for personal use, including…
Ireda Files Bankruptcy Against Gensol Engineering: Rediff Moneynews
Ireda has filed for bankruptcy against Gensol Engineering, a listed company, for defaulting on a Rs 510 crore loan. The move follows Sebi’s investigation into fund diversion and governance lapses. New Delhi, May 14 (PTI) Indian Renewable Energy Development Agency (Ireda) on Wednesday said it has filed a bankruptcy application against beleaguered Gensol Engineering before…
Builder picked for new WA maternity hospital enters voluntary administration – MSN
Builder picked for new WA maternity hospital enters voluntary administration MSN Read the original article here
Gensol Goes Bankrupt; Ireda Says Application Filed
New Delhi: Indian Renewable Energy Development Agency (Ireda) on Wednesday said it has filed a bankruptcy application against beleaguered Gensol Engineering before the National Company Law Tribunal. According to a regulatory filing, Ireda has filed an application on May 14, 2025, under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Gensol Engineering Limited,…
Gensol Engineering shares hit 5% upper circuit even as Ireda files for insolvency proceedings against firm
Shares of Gensol Engineering hit 5% upper circuit on May 15 even as Indian Renewable Energy Development Agency (Ireda) on May 14 said it has filed a bankruptcy application against the beleaguered firm before the National Company Law Tribunal. According to a regulatory filing, Ireda has filed an application on May 14, 2025, under Section…
India's IREDA files bankruptcy case against Gensol Engineering amid fraud allegations – Reuters
India’s IREDA files bankruptcy case against Gensol Engineering amid fraud allegations Reuters Read the original article here