ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/rosmerta-digital-services” target=”_blank”>Rosmerta Digital Services, an operational creditor of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ola-electric” target=”_blank”>Ola Electric Technologies, has filed a plea to initiate ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/insolvency” target=”_blank”>insolvency proceedings against the wholly owned subsidiary of electric two-wheeler maker Ola Electric, over alleged payment defaults.
The petition, filed before the Bengaluru bench of the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/national-company-law-tribunal” target=”_blank”>National Company Law Tribunal (NCLT), claims non-payment for services rendered and seeks to initiate a corporate insolvency resolution process (CIRP) against Ola Electric Technologies.
Ola Electric has disputed the claims and said it plans to challenge the…
