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Zomato Faces Potential Insolvency Plea As Operational Creditor Approaches NCLT

by Index Investing News
March 17, 2025
in Financial
Reading Time: 1 min read
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Meals supply aggregator Zomato could face an insolvency plea as one among its operational collectors has moved the Nationwide Firm Legislation Tribunal, looking for restoration of its earlier petition. Nona Life-style 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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