US EditionNCLT Dismisses Insolvency Plea Against Dunzo
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NCLT Dismisses Insolvency Plea Against Dunzo
In a big relief to the hyperlocal delivery startup Dunzo, the Bengaluru bench of National Company Law Tribunal (NCLT) has reportedly dismissed an insolvency plea against the startup filed last year by one of its creditors – Invoice Discounters of Dunzo Digital Pvt Ltd. A Mint report said that an NCLT bench led by Justices Sunil Kumar Aggarwal and Radha Krishna Sreepada held that the insolvency petition was not maintainable and dismissed it. Acc…
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