SUMMARY
NCLT has issued notices to BluSmart and EPC company Gensol Engineering on insolvency petitions by creditors
Spectrum Trimpex Pvt. Ltd and Catalyst Trusteeship Ltd moved NCLT against BluSmart over unpaid dues worth INR 1 crore each.
Equentia Financial Services Pvt. Ltd said that Gensol Engineering owed it around INR 9 Cr
The National Company Law Tribunal (NCLT) has reportedly issued notices to BluSmart
Mobility and Gensol Engineering on fresh insolvency petitions by creditors over alleged unpaid dues.
A Mint report said that Spectrum Trimpex Pvt. Ltd and Catalyst Trusteeship Ltd moved NCLT under Section 7 of the Insolvency and Bankruptcy Code (IBC) against BluSmart over unpaid dues worth INR 1 Cr each.
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