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NCLT bench admits insolvency petitions against BluSmart Mobility
short by Shristi Acharya / on 29 Jul 2025,Tuesday
Ahmedabad bench of NCLT has admitted a petition seeking to initiate bankruptcy proceedings against BluSmart Mobility. A resolution professional is appointed to manage the firm's assets during the bankruptcy process. The bench decided on Catalyst Trusteeship's application and concluded that BluSmart hasn't paid up to ₹1.28 crore in dues against one of its multiple debt lines over March-April 2025.
short by Shristi Acharya / 02:57 pm on 29 Jul
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