Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 805

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1C
Chunk 805
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, 1st Floor, Kodihalli, Bangalore, India 560008, where we lease approximately 19,200 sq ft
within a multi-tenant building pursuant to a lease agreement that expires in April 2029. We also had leased/rented office spaces in Jakarta,
Indonesia, and Cairo, Egypt but following cessation of operations in those jurisdictions, each of those leases have been terminated.
We believe our facilities are adequate and suitable for our current needs, and that should it be needed, suitable additional or alternative
space will be available to accommodate our operations.

Item 3. Legal Proceedings

Except as described below, we are not currently subject to any material
claims, lawsuits, arbitration proceedings, administrative actions, government investigations and other legal and regulatory disputes and
proceedings (collectively, “Legal Proceedings”) We have received communications relating to certain legal proceedings,
as described in “Risk Factors - A former employee of Zoomcar India has instituted a wrongful termination suit and
claims that certain Zoomcar options have vested.”, “Risk Factor - The founder and former CEO of the Company
has initiated a civil complaint against the Company contesting the reasons for his termination and has raised certain other claims with
regards to his ownership of the Company and compensation for termination of his employment.,” and “ACM has filed a notice
of motion for summary judgement in lieu of complaint against Zoomcar in New York courts for payment of amounts due under the Note pursuant
to breach of the terms of a note.” We may become subject to other Legal Proceedings over time or from time to time, in the ordinary
course of our business and as our business continues to grow and expand over time. Becoming involved with Legal Proceedings, regardless
of the outcome, may result in substantial cost and diversion of our resources, including our management’s time and attention.

As a result of our business
operations in India, we are regularly subject to legal proceedings, many of which are de minimis in nature and amount and the majority
of which relate to local tax matters. Many of these tax and vehicle accident-related Legal Proceedings are pending before various forums
in India and involve localized practices and interpretations of regulatory matters that make the ultimate outcomes or resolution of these
Legal Proceedings inherently uncertain and difficult to predict. Management’s views and estimates related to these matters may
change in the future, as new events and circumstances arise and the matters continue to develop.

Litigation with Former Consultant

On August 4, 2023,