National Company Law Tribunal

NCLT directs insolvency decision proceedings in opposition to Gensol Engineering and arm Gensol EV Lease

Newz BabaJune 14, 2025June 14, 202503 mins

The Nationwide Firm Legislation Tribunal (NCLT) admitted Gensol Engineering Ltd. and its arm Gensol EV Lease Ltd for insolvency decision following separate petitions filed by Indian Renewable Power Growth Company Ltd. (IREDA). Nevertheless, NCLT appointed an alternate interim decision skilled (IRP) for each the businesses, whereas rejecting the identify proposed by IREDA. On Might 14, State-run IREDA had filed an…

NCLAT suspends NCLT’s insolvency order towards Reliance Infra

Newz BabaJune 4, 2025June 4, 202502 mins

Reliance Infrastructure Ltd. (RInfra) on Wednesday (June 4, 2025) mentioned Nationwide Firm Regulation Appellate Tribunal (NCLAT) has suspended the insolvency proceedings ordered towards the corporate. “The NCLAT in New Delhi at the moment suspended the Nationwide Firm Regulation Tribunal’s (NCLT) Might 30 order, admitting the corporate into the company insolvency decision course of (CIRP),” the corporate…

CBI books advisory agency proprietor, worker in corruption case

Newz BabaMarch 12, 2025March 12, 202505 mins

MUMBAI: The Mumbai unit of the Central Bureau of Investigation (CBI) has booked the proprietor and an worker of a company advisory and authorized providers agency in a corruption case. The accused allegedly accepted a bribe of ₹20 lakh from a businessman to affect the Nationwide Firm Regulation Tribunal (NCLT), Mumbai, to safe a beneficial…