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Ola Electric counters NCLT insolvency claims
According to Ola Electric, the vendors filed the insolvency petitions under Section 9 of the IBC only after the arbitration proceedings had commenced, in an attempt to bypass the quality dispute
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thehindubusinessline.com
Ola Electric faces fresh insolvency pleas over alleged ₹40 crore payment defaults
Two component suppliers have moved the NCLT against Ola Electric's subsidiary over alleged ₹40 crore payment defaults, while the company calls it a commercial dispute.
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Ola Electric counters NCLT insolvency claims
According to Ola Electric, the vendors filed the insolvency petitions under Section 9 of the IBC only after the arbitration proceedings had commenced, in an attempt to bypass the…
