Ola not "fit and proper" to operate in London, loses licence

Source :Sify
Author :Finance Desk
Last Updated: Mon, Oct 5th, 2020, 17:16:58hrs
Ola Cabs

London: Desi ride-hailing major Ola which had pulled all stops to operate in London has hit a wall.

On Sunday, the Transport for London, the local transport regulator, was reported as saying that Ola was not "fit and proper" to hold a private hire operator's licence.

The regulator cited public safety concerns while announcing its decision.

There is however, some hope in the Ola camp. It can appeal against the decision. Legally, a company is allowed to operate its fleet during the appeal process.

According to official sources, Ola believes that improvement on areas pointed out by the regulator can help it during its appeal.

"At Ola, our core principle is to work closely, collaboratively and transparently with regulators such as TfL," Marc Rozendal, Managing Director, Ola UK, said in a statement shared with IANS.

Rozendal said that Ola has been working with TfL during the review period and has sought to provide assurances and address the issues raised in an "open and transparent" manner.

"Ola will take the opportunity to appeal this decision and in doing so, our riders and drivers can rest assured that we will continue to operate as normal, providing safe and reliable mobility for London," Rozendal said.

Ola had begun its London operations sometime in February. In the UK, Ola operates in cities such as Birmingham and Coventry.

Even as Ola keeps its fingers crossed, there is some cheer in the way the appeal process worked in favour of Uber.

Like Ola, Uber too was found unfit and lost its private hire vehicle operator licence. Uber won the appeal process last week after the judge ruled in its favour.