By Admin 
Insolvency plea against gensol: Jansol, trapped in the money of money, has now reached the verge of bankruptcy. The Indian Renewable Energy Development Agency (Ireda) said on Wednesday that it has filed a petition for insolvency at the National Company Law Tribunal against Jansol Engineering in crisis.
This is being seen for the first time when action has been taken by a lender against Jansol for such legal action. IRDA, under the Ministry of New and Renewable Energy, told the stock market that on May 14, 2025, Jansol Engineering Ltd. An application has been filed against the Insolvency and Debt Removal Disability Code, 2016 against the Insolvency and Section Seven.
Jansol will be bankrupt!
The stock of this company was a record of Rs 2390 in 2023, which has come down to Rs 59 in two years. After the news of the bankruptcy of this company, its stock may fall further. Jansol Engineering is a listed company and has launched a lapse of about Rs 510 crore. Market regulator SEBI last month banned Jansol Engineering and Promoters… Anmol Singh Jaggi and Puneet Singh Jaggi… in an interim order of funds, rigging and operation of funds from securities markets till further orders.
According to the information given to the stock market, Jaggi brothers resigned from the company on May 12 after the interim order of SEBI. Meanwhile, Jansol Engineering said on Wednesday that the Securities Appellate Tribunal (SAT) has settled her appeal.
Action took place after rigging
However, the company is allowed to file its reply on SEBI’s interim order, in which the company and its promoters were banned from the securities market. In the information given to the stock market, the company said that the appeal filed by it before the set has been settled. He has got an opportunity to file his reply on SEBI’s interim order within two weeks.
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