Electric two-wheeler maker Ola Electric is facing a major legal and financial crisis as Rosmerta Digital Services and Rosmerta Safety Systems, two of its largest vehicle registration partners, have filed two insolvency petitions against its subsidiary, Ola Electric Technologies Pvt. Ltd. The dispute, over unpaid dues, has reached the National Company Law Tribunal (NCLT), putting Ola in the crosshairs of regulators and investors.
The NCLT case is significant, not only because it involves critical operational partners, but also due to how Ola Electric initially disclosed its relationship with Rosmerta.
In February 2025, Ola Electric, in a filing to stock exchanges, announced that it was renegotiating contracts with its vehicle registration…
