NCLAT junks plea of Log 9 Mobility's executives against order to assist in recovery of EVs leased from Gensol
· economictimes.indiatimes.com
The NCLAT rejected an appeal by Log 9 Mobility's suspended directors. They challenged an NCLT order to help recover leased electric vehicles. The tribunal stated NCLT has wide powers under the IBC code. Directors cannot avoid responsibility for assisting vehicle identification and handover. The appeal was dismissed as the grounds lacked merit.
Live Events
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscribe to our
(You can now subscribe to...