Mumbai, March 17 -- Ola Electric Technologies is a wholly owned subsidiary of the company, while Rosmerta Digital Services Rosmerta Digital Services Ltd is a subsidiary of Rosmerta Technologies Ltd (RTL) and focuses on providing digitally enabled services related to the automotive sector. The company is involved in the distribution of automotive components and accessories through digital platforms.

The petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 and submitted to the National Company Law Tribunal (NCLT) - Bengaluru Bench.

The company said that it has sought appropriate legal advice and it strongly disputes the claims made. The company will take all necessary and appropriate steps to protect its int...