NCLT Ahmedabad Initiates Insolvency Proceedings Against BluSmart
The National Company Law Tribunal (NCLT), Ahmedabad, has admitted insolvency proceedings against BluSmart Mobility, the Gurugram-based electric vehicle ride-hailing startup. This comes after a creditor petition filed by Catalyst Trusteeship, marking a major setback for the ambitious EV player.
Why Is BluSmart Under…
