Zomato in Trouble? NCLT Dismisses ₹1.64 Cr Insolvency Plea! | Full Story Inside

Zomato is once again in the spotlight, riding the wave of strong revenue growth while tackling financial and legal hurdles. Its recent profit surge reflects the growing demand for its services, but rising costs and intense competition continue to put pressure on its bottom line.

At the same time, Zomato is facing serious challenges. An insolvency plea has been filed by Nona Lifestyle Pvt Ltd., a supplier of delivery uniforms, over ₹1.64 crore in unpaid dues. The case is currently under review by the National Company Law Tribunal (NCLT), with Zomato contesting the claim, arguing that delayed deliveries from Nona Lifestyle led to penalties.

Subsequently on 3rd April NCLT dismisses insolvency plea against Zomato over alleged payment default.

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