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Ola Electric, India subsidiary faces insolvency petition over alleged payment default
On March 15, Ola Electric Mobility Limited announced that a petition had been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by M/s. Rosmerta Digital Services Limited is an operational creditor of Ola Electric Technologies Private Limited, a wholly owned subsidiary of Ola Electric Mobility Li....
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