Updated Mar 18, 2025 00:09 IST
Zomato insolvency plea: Zomato might get into trouble as it is facing an insolvency plea from its uniform supplier Nona Lifestyle which alleged that the former has pending dues of Rs 1.64 crore
Article Highlights
- In 2024, NCLT had dismissed it due to non-prosecution and now Nona Lifestyle has requested to restore its old petition.
- It has filed an application under Rule 11 of NCLT Rules, 2016, which provides the tribunal inherent power that can also be used for restoration purposes.
- Petitioner Nona Lifestyle is an apparel business and has supplied uniforms for its employees and delivery partners, including merchandise for brand activations during ICC World Cup 2023.
Online food delivery platform Zomato might…
