NCLAT declines relief to Gensol entities on asset freeze, asks BluSmart and Matrix to approach NCLT

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The NCLAT declined to stay the NCLT’s order to freeze the assets of Gensol, its promoters, and related entities. Two Gensol Group entities, BluSmart Premium Feet and Matrix Gas and Renewable, were directed to approach the NCLT Ahmedabad bench.

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NCLAT declines relief to Gensol entities on asset freeze, asks BluSmart and Matrix to approach NCLT

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