In another setback for rel=”dofollow” href=”https://economictimes.indiatimes.com/gensol-engineering-ltd/stocks/companyid-1948393.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Gensol Engineering and electric ride-hailing startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/blusmart-mobility” target=”_blank”>BluSmart Mobility, the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/delhi-high-court” target=”_blank”>Delhi High Court on Wednesday restrained them from creating third-party rights over 220 additional electric vehicles (EVs) leased to them by two separate lessors — SMAS Auto Leasing India and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/shefasteq-opc” target=”_blank”>Shefasteq OPC.SMAS Auto had leased 164 EVs to Gensol and 46 to BluSmart, while Shefasteq had leased 10.
This is the third and fourth such petitions filed by lessors against Gensol and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/blusmart” target=”_blank”>BluSmart for failing to make lease and fleet management payouts.
Justice Jyoti…
