Ola Electric gets a shock, Karnataka High Court refuses to stop the investigation

Ola Electric, certainly one of the large electrical two-wheeler firms, has acquired a large blow from the Karnataka High Court. The High Court has refused to dismiss a discover issued by the Central Consumer Protection Authority (CCPA). This discover was given as a part of the investigation towards the firm. In this, further paperwork had been wanted greater than 10,000 complaints from clients concerning Ola Electric’s electrical scooters.

a media Report According to, Justice R Devdas of Karnataka High Court mentioned that this discover has been issued by a competent investigating officer and Ola Electric can have to present the sought paperwork. The CCPA had carried out a preliminary investigation into a giant variety of complaints towards Ola Electric. In this, violations associated to violation of shoppers’ rights, deceptive promoting and deficiencies in service had been discovered. After this the CCPA directed its Director General of Investigation to examine the matter.

Ola Electric had argued that the officer issuing the discover was not approved beneath the Consumer Protection Act. The firm had mentioned that the officer who issued the discover has not been given the publish of director or further director. On this, the High Court clarified that the Director General has approved an officer of the rank of Senior Director to conduct the investigation.

Last month, Ola Electric has elevated the variety of its shops 4 occasions. The firm has 4,000 shops. Bajaj Auto has overtaken Ola Electric to achieve the highest share in the electrical two-wheeler market. In December, Bajaj Auto’s share in the electrical two-wheelers section has elevated to about 25 %. This is a rise of about three % in contrast to the earlier month. According to automobile portal information, retail gross sales of Ola Electric declined by about 5 % in December to about 19 %. TVS Motor retained its second place with about 23 % share. Ola Electric had carried out properly at the starting of the present monetary 12 months. However, after the discount in subsidies given by the authorities, competitors amongst firms concerning pricing has elevated on this section.