The petition was filed by Rosmerta Digital, an operational creditor of Ola, before the National Company Law Tribunal (NCLT), Bengaluru Bench.

Ola Electric said that that the company has sought appropriate legal advice, and it strongly disputes the claims made by ...

Rosmerta Digital Services Private Limited, a vendor of the company, approached the NCLT claiming that a wholly-owned subsidiary of the company defaulted on payments for services provided.

Ola Electric had earlier stated, in February 2024, that it was renegotiating contracts with its vehicle registration agencies ...

Ola Electric’s decision to bring registration processes in-house appears to have had unintended consequences. In February ...

In a regulatory filing, Ola Electric confirmed that Rosmerta Digital Services has filed a petition under Section 9 of the ...

From 2022 to 2024, the NCLT resolved 27,157 cases, while NCLAT adjudicated 7,151 cases, including financial irregularity matters. LOK SABHA UNSTARRED QUESTION NO. 1629 ANSWERED ON MONDAY, MARCH 10, ...

Ola Electric faces insolvency proceedings as registration service provider seeks initiation of CIRP, disputes claims made.

Ola ELectric has been taken to National Companies Law Tribunal (NCLT) over allegedly defaulting on a payment of ₹18-20 crores ...

Rosmerta Digital Services filed an insolvency plea against Ola Electric Technologies over alleged payment defaults. Ola ...

NCLAT has directed an investigation into a dubious order by the Chennai bench of NCLT regarding Regen Powertechs insolvency ...