Bengaluru-based Ola Electric has encountered significant challenges at the start of the year. The company is already struggling with sales, due to which it has dropped down to fourth position in the Indian EV race, according to data from Vahan portal. Earlier, the company had cited that this drop in sales was due to changes being made in its vehicle registration process. But now, two bankruptcy petitions have been filed against Ola by Rosmerta Digital Services, a vendor that handles its vehicle registration services.
(Also Read: Dharwad’s Grievance Redressal Commission Orders Ola To Compensate Another Customer’s Purchase)
The petitions were submitted to the National Company Law Tribunal (NCLT) in Bengaluru. Reports state that…
