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Delhi HC Bars Gensol, BluSmart From Creating Third-Party Rights On 220 EVs

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The Delhi High Court has barred troubled Gensol Engineering and ride-hailing startup BluSmart from creating third-party rights over 220 additional EVs, taking the total number of EVs with such orders to 493.

According to a Bar and Bench report, the Delhi HC passed the order while hearing a petition filed by SMAS Auto Leasing and Shefasteq OPC. The companies accused Gensol and its related entity BluSmart of violating lease terms and defaulting on payments. 

Justice Jyoti Singh appointed court…

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