Zomato faces an insolvency plea from Nona Lifestyle over alleged unpaid dues of Rs 1.64 crore. The NCLT has adjourned the case to April 3 for further clarification. Zomato has rejected these claims, stating that Nona Lifestyle repeatedly missed agreed-upon delivery deadlines, resulting in penalties as per their contract.
Food delivery giant Zomato is facing an insolvency plea from uniform supplier Nona Lifestyle, alleging unpaid dues of Rs 1.64 crore, as reported by Bar and Bench on March 17.
The National Company Law Tribunal (NCLT) has adjourned the case to April 3, requesting the petitioner to clarify its next steps.
According to the report, B2B apparel manufacturer Nona Lifestyle has approached the NCLT to initiate the corporate…
