Rosmerta Files Insolvency Plea Against Ola Electric Technologies Subsidiary Over Payment Default

Rosmerta Digital Services Ltd has filed an insolvency petition against Ola Electric Mobility’s subsidiary Ola Electric Technologies before the National Company Law Tribunal (NCLT), alleging that the electric two-wheeler maker has defaulted on payments for the services provided. “We wish to inform you that a petition has been filed under Section 9 of the Insolvency…

Insolvency petition against Bhavish Aggarwal-led Ola Electric Mobility’s subsidiary – Details – Companies

Updated Mar 15, 2025 21:12 IST Ola Electric insovency proceedings: Rosmerta Digital Services has filed an insolvency petition against Ola Electric Technologies before the National Company Law Tribunal (NCLT). Bhavish Aggarwal-led Ola Electric Mobility Ltd, today, informed that Rosmerta Digital Services has filed an insolvency petition against its wholly owned subsidiary Ola Electric Technologies before…

Insolvency storm cuts swathe through economy

The Q3 2024 national accounts, released this month, revealed that Australia’s economy grew by only 0.8% over the year, the weakest annual growth since the early 1990s recession. The situation was worse adjusting for population growth, with real per capita GDP declining for six consecutive quarters. Advertisement The market (private) sector has borne the brunt…