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Flipkart Faces Fresh Insolvency Plea Over Alleged Payment Default

The National Company Law Tribunal (NCLT) Bengaluru bench has reportedly issued a notice to ecommerce giant Flipkart after its former marketing service provider Applabs Media Pvt Ltd filed an insolvency petition alleging unpaid dues of ₹1.69 Cr.

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Flipkart Faces Fresh Insolvency Plea Over Alleged Payment Default
Restronomics take

Worth a read for people-focused operators. Published by Inc42 — context above is the source's own framing.

From the article
The National Company Law Tribunal (NCLT) Bengaluru bench has reportedly issued a notice to ecommerce giant Flipkart after its former marketing service provider Applabs Media Pvt Ltd filed an insolvency petition alleging unpaid dues of ₹1.69 Cr.
Read the full article at Inc42

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