Jiostar files insolvency plea against Absolute Legends Sports over unpaid broadcast fees

Jiostar India Pvt. Ltd has approached the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Absolute Legends Sports Pvt. Ltd., the company associated with the Legends League Cricket tournament, over alleged unpaid dues of ₹3.59 crore. In a petition (accessed by Storyboard18) filed under Section 9 of the Insolvency and Bankruptcy Code,…