Delhi High Court orders Gensol to hand over remaining EVs to Smas Auto

The Delhi High Court has asked Gensol Engineering’s resolution professional to cooperate in handing over remaining electric vehicles (EVs) to Smas Auto Leasing India and give a no-objection for the same. The court also directed the resolution professional to initiate steps towards transfer of ownership of the EVs in favour of the leasing company.

Gensol shall not create any hindrance or obstruction in handing over EVs and in case any obstruction is created, the court appointed receivers will be at liberty to take recourse to police assistance, Justice Jyoti Singh said.