NCLT Jaipur Bench permits OLA Electric to intervene in Morani Motors insolvency proceedings concerning possession of premises.
OLA Electric undertakes to vacate premises by June 15, 2026 and pay rent of ₹2.6 lakh to Corporate Debtor's account.
RP reports receipt of 5 Resolution Plans with CIRP period ending; CoC is negotiating with PRAs.
Separate application seeks time to pay ₹8 lakh into Corporate Debtor's account, listed for May 12, 2026.