Exclusive

Publication

Byline

DRT Delhi orders status quo on Gensol assets

New Delhi, May 23 -- The Debts Recovery Tribunal (DRT)-III, Delhi, has directed Gensol Engineering Ltd and its subsidiary, Gensol EV Lease Pvt. Ltd, to maintain the status quo on their secured assets ... Read More


Bhushan Steel assets: ED back in play with Supreme Court scrapping JSW Steel's resolution plan

New Delhi, May 21 -- With the Supreme Court scrapping JSW Steel's resolution plan for Bhushan Power & Steel Ltd (BPSL), the Enforcement Directorate may find itself back in a position to reattach the s... Read More


Reliance-led consortium moves Supreme Court over $1.7 billion KG Basin arbitration setback

New Delhi, May 20 -- A consortium led by Reliance Industries Ltd (RIL) has approached the Supreme Court challenging a Delhi high court order that overturned a $1.7 billion arbitral award in its favour... Read More


NCLT issues notice to Gensol on Ireda's Rs.510 crore insolvency plea

New Delhi, May 16 -- The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Friday issued a notice on a Rs.510 crore insolvency plea filed by the Indian Renewable Energy Development Agency... Read More


Delhi HC orders seizure of another 76 BluSmart EVs

New Delhi, May 16 -- Gensol Engineering Ltd and ride-hailing startup BluSmart have lost control of another leased 76 electric vehicles after the Delhi High Court ordered seizure of the cars and barred... Read More


The Gensol-BluSmart saga: Delhi HC orders seizure of 76 more electric vehicles

New Delhi, May 15 -- Gensol Engineering Ltd and ride-hailing startup BluSmart have lost control of another leased 76 electric vehicles after the Delhi High Court ordered seizure of the cars and barred... Read More


'Where are the members?' NCLT on Bhushan Steel resolution review

New Delhi, May 14 -- The Supreme Court's unprecedented move to scrap JSW Steel's Rs.19,700-crore resolution plan for Bhushan Power & Steel Ltd (BPSL) and order its liquidation has shifted the burden b... Read More


NCLT defers Bhushan Power & Steel insolvency matter to 30 May

New Delhi, May 13 -- The National Company Law Tribunal (NCLT) on Tuesday deferred the Bhushan Power & Steel Ltd (BPSL) insolvency case to 30 May, when it is expected to issue directions on a plea file... Read More


Delhi HC orders seizure of 129 EVs leased by Gensol, BluSmart

New Delhi, May 9 -- The Delhi high court has ordered the seizure and relocation of 129 electric vehicles leased by Gensol Engineering and ride-hailing startup BluSmart, acting on a petition by lender ... Read More


Mint Primer | Can JSW ruling upset insolvency regime's balance?

New Delhi, May 7 -- The Supreme Court ruling quashing Bhushan Power & Steel's (BPSL) resolution plan has upended JSW Steel's Rs.19,000 crore acquisition. Mint explains the recovery options-from a Supr... Read More