New Delhi, April 29 -- The Delhi High Court has barred Gensol Engineering Ltd and BluSmart Mobility Pvt Ltd from selling, transferring, or creating third-party rights for 95 electric vehicles (EVs) leased to them by climate finance company Clime Finance Private Limited.

Justice Jyoti Singh, while issuing a notice to Gensol, BluSmart, and their promoters on Tuesday, directed said a court-appointed receiver would take custody of the EVs to ensure their upkeep, especially battery maintenance. No one appeared for Gensol at the hearing.

"This court deems it appropriate to appoint a receiver, who shall take charge of the vehicles and ensure that they are properly charged to avoid drainage of the batteries," the court said. However, the cars w...