The Headlines – Asset freeze: NCLAT denies relief to Gensol

The National Company Law Appellate Tribunal (NCLAT) has refused to halt the NCLT’s order to freeze the assets of Gensol, its promoters, and related entities. Two Gensol Group companies, BluSmart Premium Feet and Matrix Gas and Renewable, have been instructed to appeal to the Ahmedabad NCLT bench.

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