<ul><li>NCLAT rejects pleas of Gensol-linked entities seeking a stay on assets freeze ordered by NCLT Ahmedabad bench.</li><li>Gensol approached NCLAT stating freeze was imposed without a hearing, hindering salary payments; MCA argues facts were presented to NCLT.</li><li>SEBI found governance lapses at Gensol Engineering, leading to investigations by various regulatory bodies.</li><li>Gensol and BluSmart face insolvency petitions amid allegations of fund misuse and financial irregularities.</li></ul>

No Respite To Gensol As NCLAT Quashes Plea To Defreeze Assets

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