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Zomato Faces Potential Insolvency Plea As Operational Creditor Approaches NCLT

by PTI
March 17, 2025
in Business
Reading Time: 1 min read
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Meals supply aggregator Zomato might face an insolvency plea as one in every of its operational collectors has moved the Nationwide Firm Regulation Tribunal, searching for restoration of its earlier petition. Nona Way of life Pvt Ltd., an operational creditor, has moved NCLT requesting to revive an insolvency plea filed by it earlier in opposition to Zomato Ltd underneath Part 9 of the Insolvency & Chapter Code in 2024.



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Tags: ApproachesCreditorFacesinsolvencyNCLTOperationalpleaPotentialZomato
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