Delhi HC orders seizure of another 76 BluSmart EVs
New Delhi, May 16 -- Gensol Engineering Ltd and ride-hailing startup BluSmart have lost control of another leased 76 electric vehicles after the Delhi High Court ordered seizure of the cars and barred the companies from transferring or selling them.
Justice Jasmeet Singh, acting on a plea by investment firm Vriksh Advisors, on Thursday restrained Gensol, BluSmart, and their promoters from selling, alienating, or creating any third-party rights over the 76 Tata Tigor electric cars.
The high court's latest order is the fifth such in under three weeks, bringing the total number of Gensol and BluSmart leased EVs under judicial protection to 698.
The court also appointed a receiver to take possession of the vehicles and ensure their safety.
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