Brief: Ola Electric Clarifies On Report Of Two Suppliers Moving NCLT Over Dues
BRIEF-Ola Electric Clarifies On Report Of Two Suppliers Moving NCLT Over Dues July 8 (Reuters) - Ola Electric Mobility Ltd OLAE.NS:
CLARIFIES ON REPORT OF TWO SUPPLIERS MOVING NCLT OVER DUES
RAISED PERFORMANCE CONCERNS ON SOME PARTS SUPPLIED BY ANEVOLVE MANDO E-MOBILITY AND STERLING E-MOBILITY SOLUTIONS
INITIATED ARBITRATION PROCEEDINGS AGAINST THE VENDORS AND FILED PETITIONS UNDER ARBITRATION AND CONCILIATION ACT
ANEVOLVE MANDO AND STERLING E-MOBILITY FILED PETITIONS UNDER INSOLVENCY AND BANKRUPTCY CODE
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