NCLT admits IREDA's insolvency plea against Gensol Engineering, directs IRP appointment
IREDA said the promoters of Gensol diluted their shareholdings without approval of lenders, constituting a breach of contract, therefore prompting the company to seek legal recourse and file a complaint with the EoW.
IREDA said the promoters of Gensol diluted their shareholdings without approval of lenders, constituting a breach of contract, therefore prompting the company to seek legal recourse and file a complaint with the EoW.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
