Zomato shares zoomed in the intraday trading session on Tuesday, March 14. This comes to pass after some major developments surrounding the company.
Zomato’s Unpaid Dues
After a major insolvency plea against Ola Electric last week, another company has come under the scanner for the same reason.
Nona Lifestyle, a Gurgoan-based uniform supplier, moved the National Company Law Tribunal (NCLT). The B2B uniform seller initiated the corporate insolvency resolution process against Zomato.
These insolvency proceedings were initiated over alleged non-payment of dues, for an amount to the tune of Rs 1.64 crore. This…
