Policy · Mobility & Logistics

Suppliers seek insolvency action against Ola Electric unit

What they do

Ola Electric Technologies is the operating arm of listed EV maker Ola Electric Mobility

In July 2026 two suppliers asked the NCLT to start insolvency proceedings, claiming over ₹40 crore in unpaid dues

Ola linked the claims to an ongoing arbitration over quality disputes; the tribunal later issued a notice on a third plea

Two suppliers filed petitions against Ola Electric Technologies at the NCLT in early July 2026.
They claim more than ₹40 crore in unpaid dues.
They want the tribunal to start insolvency proceedings.
Ola said the dispute relates to an ongoing arbitration.
A third petition followed, and the NCLT issued a notice on a ₹9.57 crore claim.