Delhi HC orders seizure of another 76 BluSmart EVs

The high court has barred Gensol and BluSmart from transferring or selling the vehicles

- Krishna Yadav

Gensol Engineering Ltd and ride-hailing startup BluSmart have lost control of another leased 76 electric vehicles after the Delhi High Court ordered seizure of the cars and barred the companies from transferring or selling them.

Justice Jasmeet Singh, acting on a plea by investment firm Vriksh Advisors, on Thursday restrained Gensol, BluSmart, and their promoters from selling, alienating, or creating any third-party rights over the 76 Tata Tigor electric cars.

The high court's latest order is the fifth such in under three weeks, bringing the total number of Gensol and BluSmart leased EVs under judicial protection to 698.

The court also appointed a receiver to take possession of the vehicles and ensure their safety. "Issue notice. For the reasons stated, Respondent No. 1 (Gensol Engineering Ltd), its shareholders, directors including Respondent No. 2 (Anmol Singh Jaggi) and other officers, are restrained from selling, alienating, transferring, encumbering, or creating third-party rights in the 76 Tata Tigor EVs owned by the petitioner, until the next date of hearing. The petitioner shall have the right to repossess the vehicles in case of default," the court said.