Rapido files insolvency plea against Magicpin over unpaid operational dues | Company News
Mobility platform Rapido has filed an insolvency petition at the National Company Law Tribunal (NCLT) against hyperlocal e-commerce platform Magicpin. Consequently, the Chandigarh Bench of the NCLT issued a notice to Magicpin, asking the company to file its response. The dispute centres on operational dues claimed by Rapido. However, the tribunal has not yet…