<ul><li>IREDA has filed an insolvency plea against Gensol Engineering and approached the Delhi debt recovery tribunal to recover around INR 729 Cr from the company.</li><li>Power Finance Corporation is also considering recovery through the DRT route in the Gensol case.</li><li>SEBI's interim order revealed that Gensol's promoters misused company funds, leading to financial discrepancies.</li><li>Following SEBI's order, BluSmart suspended operations, and the Jaggi brothers resigned from Gensol amid ongoing legal actions.</li></ul>

IREDA Moves Debt Recovery Tribunal To Recover INR 729 Cr From Gensol

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