The Economic Times

NCLAT junks plea of Log 9 Mobility's executives against order to assist in recovery of EVs leased from Gensol

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.