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Blusmart insolvency: Claims worth over ₹500 crore filed
Financial Express Hyderabad
|August 27, 2025
ABOUT 200 APPLICANTS have likely staked claims worth about ₹500 crore for assets of BluSmart Electric Mobility as part of the ride-hailing firm's insolvency proceedings.
The company, which was accused of corporate governance lapses and loan diversions, had insolvency proceedings initiated against it on July 29, following a plea by financial creditor, Catalyst Trusteeship, which was admitted by the National Company Law Tribunal (NCLT) Ahmedabad under the Insolvenc
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