Mumbai: The Bengaluru bench of the National Company Law Tribunal has dismissed an insolvency petition against e-commerce delivery startup Dunzo Digital Pvt. Ltd. The insolvency court was hearing an insolvency petition filed last year by one of the company’s financial creditors—called Invoice Discounters of Dunzo Digital Pvt Ltd—for non-payment of dues. On Tuesday, an NCLT…
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The National Company Law Tribunal (NCLT) at Bengaluru on Tuesday dismissed an insolvency plea filed against quick commerce company Dunzo. A coram of Judicial Member Sunil Kumar Aggarwal and Technical Member Radha Krishna Sreepada said that the plea filed by invoice discounters of Dunzo Digital was not maintainable. The judgment was delivered today after being postponed on three occasions,…
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