In Delhi court docket, Gensol Engineering’s Puneet Jaggi shifts blame to brother Anmol

In Delhi court docket, Gensol Engineering’s Puneet Jaggi shifts blame to brother Anmol

NEW DELHI: Gensol Engineering Ltd co-promoter Puneet Jaggi advised a Delhi court docket on Tuesday that he was not concerned within the day-to-day affairs of the corporate, which is being investigated by a number of companies, and claimed his elder brother Anmol, at present in Dubai, made all of the administration selections, officers conversant in…

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BluSmart Co-Founder Puneet Jaggi Detained By In FEMA Case | Economic system Information

BluSmart Co-Founder Puneet Jaggi Detained By In FEMA Case | Economic system Information

New Delhi: The Enforcement Directorate (ED) has detained BluSmart co-founder Puneet Jaggi from a Delhi resort, after the company carried out raids in a case associated to Gensol Engineering Ltd. The raids have been carried out at firm’s workplaces in Delhi, Gurugram, and Ahmedabad below the International Trade Administration Act (FEMA). The ED is investigating…

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BluSmart Begins Shutting Operations, Might Develop into Uber’s Fleet Accomplice: Report

BluSmart Begins Shutting Operations, Might Develop into Uber’s Fleet Accomplice: Report

New Delhi: BluSmart, the fast-rising cab firm with an all-electric fleet, has began suspending its operations, leaving 1000’s of customers in cities like Delhi, Bengaluru and Mumbai, in a flap. The service abruptly stopped working following a Securities and Change Board of India (SEBI) order towards its promoters in a mortgage fraud case. BluSmart could…

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Gensol’s Jaggi Brothers Step Down As SEBI Tightens Its Grip On Investigation; Firm Says To Totally Cooperate | Financial system Information

Gensol’s Jaggi Brothers Step Down As SEBI Tightens Its Grip On Investigation; Firm Says To Totally Cooperate | Financial system Information

New Delhi: India’s market regulator Securities and Alternate Board of India (SEBI) has handed an interim order barring Gensol Engineering Restricted and its promoters (additionally co-founders BluSmart) Anmol Singh Jaggi and Puneet Singh Jaggi from accessing the securities market and halted Gensol’s proposed inventory break up. The promoter brothers have now stepped down as the…

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