Updated Jun 14, 2025 07:33 IST Gensol Engineering, Gensol EV to face insolvency proceedings; know what NCLT said (Pic: Shutterstock/ ET NOW) The order came after NCLT admitted the petitions filed by the Indian Renewable Energy Development Agency ( IREDA ). The Ahmedabad bench of NCLT also appointed interim resolution professionals for both debt-ridden companies…
Cannabis company 4Front Ventures files for bankruptcy in Canada MJBizDaily Read the original article here
Marelli Approved to Borrow $519 Million at Start of Bankruptcy Bloomberg.com Read the original article here
BENGALURU: The National Company Law Tribunal (NCLT), Ahmedabad has admitted two separate insolvency petitions filed by Indian Renewable Energy Development Agency (Ireda) against Gensol Engineering (GEL) and its subsidiary Gensol EV Lease (GEVL), initiating corporate insolvency resolution processes (CIRP) against both companies.In the case of Gensol Engineering, the tribunal admitted Ireda’s petition for defaulted dues…
WILLEMSTAD – The Sint Elisabeth Foundation (Stichting Sint Elisabeth), successor to the entity that operated Curaçao’s oldest hospital until the end of 2019, has been officially declared bankrupt. The Court of First Instance issued the ruling this week after the foundation’s warnings about its financial distress went unheeded. The foundation had filed claims against the…
Former England and Manchester City Star Trevor Sinclair Declared Bankrupt Over £36,000 Tax Debt FootBoom Read the original article here
Former sports presenter Alan Bentley has received an 11-year directorship ban after his football betting firm collapsed owing investors over £10 million, having continued to collect £1.5 million in investments despite no evidence of trading activity His company, Bentley Global (UK) Limited, promised investors returns of up to 20% by using a football betting algorithm,…
Trevor Sinclair has been declared bankrupt after he was accused by a judge of “burying his head in the sand” over a five-figure tax debt. The 52-year-old former England midfielder, who is currently working alongside Steve McClaren as a coach for the Jamaica national team, was made bankrupt by HMRC on Thursday after failing to…
The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Friday admitted a corporate insolvency plea against Gensol Engineering Ltd (GEL) and Gensol EV Lease (GEVL), which was filed by the Indian Renewable Energy Development Agency (Ireda) for a loan default of Rs 510 crore. The bench of Judicial Member Shammi Khan and Technical…
Trevor Sinclair, who played nearly 100 times for Manchester City and made 12 caps for England, has been declared bankrupt after failing to pay a tax bill of more than £36,000 Trevor Sinclair has been declared bankrupt after failing to pay a substantial tax bill(Image: Getty Images) Former Manchester City star Trevor Sinclair has been…