We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
New researchThe sub-₹100 crore acquisition market, sized.Read the research →
Home/ Cases/ Logistics & Transport/ Blu-Smart Mobility Limited
● Under CIRP

Blu-Smart Mobility Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Business: ride-hailing platform operating 100% electric 4-wheeler cars; registered office in Ahmedabad, Gujarat.

Sector Logistics & Transport Bench NCLT Ahmedabad Last process activity 3 months ago · claims re-verified

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 12 months ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

Admitted by the Ahmedabad bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for
1 yr 2 mo
This case
NCLT Ahmedabad median · 1 yr 3 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 449 / 4,609). Pre-packs left out.
The company
Public limited company in Logistics & Transport, registered in Gujarat
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Logistics & Transport · 178 closed
Resolved 12% · Liquidation 58% · Withdrawn or closed 30%
NCLT Ahmedabad · 630 closed
Resolved 23% · Liquidation 49% · Withdrawn or closed 28%
Subscriber access

Full case intelligence is gated

This page's financial detail is available to merc.in subscribers — for ARCs, PE funds and resolution professionals.

6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
See plans →
Sources, basis and disclaimers → ·
report an error