Ola Electric Technologies, a subsidiary of Ola Electric Mobility, has settled all dues with former vehicle registration service provider Rosmerta Group.
Rosmerta Group has withdrawn its petition for insolvency proceedings against Ola Electric Technologies from the National Company Law Tribunal (NCLT).
There are no further claims or disputes pending between the two parties.
Ola Electric continues to focus on maintaining strong business relationships and resolving commercial issues in a timely manner.