The disruption in the cab-hailing service for the past few days had caused inconvenience to millions of commuters as well as thousands of cabbies who earn a living by driving the Ola cars.

Ola tweeted on Monday, "We’re glad to inform that the matter regarding licensing in Karnataka is fully resolved. We're committed to working with the Govt. to enhance livelihoods of thousands of driver partners & facilitate mobility needs of millions of people. Appreciate your continued faith & support."

It has been agreed that Ola will pay fine for the violation of the rules of licence. The Transport Authority will decide the quantum of fine. However, the penalty had not been decided upon till Sunday and there was no comments from Ola either.

Meanwhile, the Government has assured the public that the service will be back on Monday.

In fact, on February 15 Ola was issued a notice for starting bike taxi in violation of the rule and agreement and reportedly seized 400 bikes. Later the order suspending all services was sent to ANI Technologies on March 18.

Ola had said in a statement then, “This notification is unfortunate, and we look forward to an opportunity to address these concerns directly with state officials to find a solution for our driver partners and millions of Ola users in Karnataka.”

The cab service serves millions of people and has thousands of drivers and vehicles under its banner. Ola's competitor Uber also had faced a similar situation in 2016. Uber had to pull back its two-wheelers and fall in line.

Bengaluru, where it is headquartered, is Ola's biggest market.

Like bike taxis, car-pooling is also banned in the city. It has been felt that the Government policies have remained archaic in a fast-moving world and that is causing problems for the people, especially traffic congestion.