Ola Electric Settles Disputes with Rosmerta Group

Ola Electric Technologies Private Limited has resolved pending disputes with the Rosmerta Group. As part of broader legal process related to the company’s operations, Rosmerta Group had filed petitions against Ola Electric Technologies Private Limited before the National Company Law Tribunal (NCLT) in Bengaluru.

However, in a move that reflects both proactive dispute resolution and a strong dedication to business continuity, Ola Electric has now amicably settled all applicable dues with the Rosmerta Group. Following the settlement, the Rosmerta Group has taken steps to withdraw the petitions from the NCLT, Bengaluru. This development marks a significant milestone for the company, following petitions filed under Section 9 of the Insolvency and Bankruptcy Code, 2016.