Class actions are gaining prominence in India following recent cases against Ola Electric Ltd and Jindal Poly Films Ltd.
Earlier this year, minority shareholders of Jindal Poly Films filed a class action lawsuit – the first in India – against the company’s promoters, claiming fraudulent conduct. And Ola Electric now faces the possibility of a class action after the Central Consumer Protection Authority (CCPA) issued a show-cause notice, alleging violations of consumer rights and misleading advertising.