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NCLT admits insolvency case against Blu-Smart Mobility Tech

The National Company Law Tribunal (NCLT) has admitted an insolvency case against Blu-Smart Mobility Tech, the debt-ridden company which was providing all-electric ride-hailing services and building a network of EV charging infrastructure in India. The Ahmedabad bench of NCLT has admitted the insolvency plea filed by Lepton Software Export and Research against Blu-Smart Mobility over…

Mega Bankruptcies Surge in First Half of 2025

Large corporate bankruptcy filings increase for third consecutive year as out-of-court restructurings through liability management transactions reach record highs. The elevated pace of large corporate bankruptcy filings that began in early 2023 continued through the latter half of 2024 and into the first half of 2025, according to a new report from Cornerstone Research. The…

NCLT Admits Insolvency Case Against Blu-Smart Mobility: Rediff Moneynews

NCLT admits insolvency case against Blu-Smart Mobility Tech over unpaid dues. Pawan Kumar Goyal appointed as resolution professional. New Delhi, Oct 19 (PTI) The National Company Law Tribunal (NCLT) has admitted an insolvency case against Blu-Smart Mobility Tech, the debt-ridden company which was providing all-electric ride-hailing services and building a network of EV charging infrastructure…

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