The Ministry of Corporate Affairs (MCA) has begun a probe into Gensol Engineering and its group company BluSmart Mobility for allegedly flouting corporate governance norms under the Companies Act. The…
Securities and Exchange Board of India
To avoid Gensol from creating third-party rights over the fleet, the Delhi High Court appointed a receiver to take deemed possession of the 95 electric vehicles leased by BluSmart Cabs…
In accordance with reports, investment company Eversource Capital has made an offer to acquire BluSmart, an electric ride-hailing platform currently facing a governance and financial crisis caused by its co-founders’…