MUMBAI: A special bench of the Bengaluru National Company Law Tribunal (NCLT) has issued a notice to Flipkart, seeking its response to an insolvency appeal filed by Applabs Media Pvt Ltd against the e-commerce company over alleged unpaid dues of almost ₹1.7 crore.
A two-judge bench of Justice Mahendra Khandelwal and Justice Radhakrishna Sreepada heard the petitioner who filed his appeal under Section 9 of the Insolvency and Bankruptcy Code.
“Let notice be issued to the corporate debtor for filing its response and appearance. Notice be issued by all means and proof of service be filed,” the tribunal said. The next hearing is scheduled for 14 July.
Applabs Media, an AI-driven ad-tech company, alleged that Flipkart did not pay it about…