India, May 7 -- 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 receivers to take possession of the vehicles but rejected SMAS' and Shefasteq's requests for repossession.

The HC asked Gensol and BluSmart to submit a status report on the leased EVs within two days and file a full statement of asse...