NCLT Initiates Insolvency Proceedings on Paytm’s Holding Company Plea against Gaming Company Fabzen for Rs.3.41 Crore Outstanding Dues [Read Order]

Liquidation

The National Company Law Tribunal (NCLT) initiated insolvency proceedings on Paytm’s holding company plea for initiating Corporate Insolvency ResolutionProcess (CIRP) in respect of Fabzen Technologies Private Limited, the Corporate Debtor, for Rs.3.41 Crores outstanding dues The application was filed by One 97 Communications Limited (“Operational Creditor”) under Section 9 of the Insolvency and Bankruptcy Code,…

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Liquidation

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Liquidation

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Liquidation

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