Tech
Delhi HC Restrains BluSmart From Alienating EVs Leased From Orix
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SUMMARY
The Delhi High Court has restrained BluSmart and Gensol Engineering from alienating or creating third-party rights on 175+ EVs leased to them by Orix
The financial services’ provider moved the HC against the companies alleging breach of contractual terms, including default in lease payments
Orix had entered into lease agreements with Gensol and the EV ride-hailing startup as part of a green mobility initiative
The Delhi High Court has reportedly restrained BluSmart
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