BENGALURU: The National Company Law Tribunal (NCLT) in Ahmedabad has admitted Catalyst Trusteeship’s petition against electric‑cab operator BluSmart Mobility for defaulting on dues of about Rs 1.28 crore. The tribunal’s order initiated the corporate insolvency resolution process (CIRP) and appointed NPV Insolvency Professionals Private Ltd as the Interim Resolution Professional (IRP).BluSmart, once a high‑profile player in India’s EV‑based ride‑hailing market, has been battling mounting liabilities and cash flow pressures. Despite attracting venture backing and expanding its fleet, the company struggled to keep pace with operating costs and payment obligations, culminating in the admitted default that triggered the…