Corporate Insolvency Resolution Process of Blu-Smart Mobility Limited Blu-Smart Mobility Limited (“Corporate Debtor”) under the provisions of Insolvency and Bankruptcy Code, 2016 (‘Code’) by order of the National Company Law Tribunal (“NCLT”) with effect from July 28, 2025. By the same order, NPV Insolvency Professionals Private Limited have been appointed as Resolution Professional (RP) by the Hon’ble NCLT, Ahmedabad Division Bench Court – I. In accordance with Section 17 of the Code, upon commencement of CIRP, the powers of the Board of Directors of Blu-Smart Mobility Limited stand suspended and are now vested with the undersigned. Henceforth, the management and control of the Corporate Debtor lies entirely with NPV Insolvency Professionals Private Limited through its Director, Mr. Ritesh Prakash Adatiya, Resolution Professional of the Corporate Debtor.