Rosmerta Digital Services, an operational creditor of Ola Electric Technologies, has filed a plea to initiate insolvency proceedings against the wholly owned subsidiary of electric two-wheeler maker Ola Electric, over alleged payment defaults.The petition, filed before the Bengaluru bench of the National Company Law Tribunal (NCLT), claims non-payment for services rendered and seeks to initiate a corporate insolvency resolution process (CIRP) against Ola Electric Technologies.
Ola Electric has disputed the claims and said it plans to challenge the petition through legal proceedings.
“The company will take all necessary and appropriate steps to protect its interests and challenge the allegations in this matter,” the Bengaluru-based…
