Sole Arbitrator Appointed in Kinetic Green-Saera Electric Vehicle Dispute, Interim Restraint Modified: Supreme Court
The Supreme Court has stepped in to resolve a dispute between Kinetic Green Energy and Power Solutions Limited and Saera Electric Auto Limited over agreements governing the manufacture, supply and sale of electric three-wheelers. The dispute arose from three agreements signed on 26 August 2025, including a Manufacturing Agreement containing exclusivity and non-compete provisions. Kinetic Green alleged that Saera’s manufacture and sale of vehicles under the Mayuri brand, including Mayuri…