The Ahmedabad bench of the National Company Law Tribunal (NCLT) has admitted Lepton Software Export and Research’s petition seeking insolvency proceedings against the debt-ridden company BluSmart Mobility Tech, which operated an all-electric ride-hailing fleet and also provided electric vehicle charging infrastructure.
The tribunal has appointed Pawan Kumar Goyal as the interim resolution professional (IRP) and suspended the company’s board of directors.
A two-member bench comprising Sanjeev Sharma and Shammi Khan also placed BluSmart Mobility Tech under the protection of a moratorium under the provisions of India’s Insolvency and Bankruptcy Code (IBC) and directed the IRP to take full control of the company’s…