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NCLT warns Reliance-backed Dunzo Of moratorium over unpaid dues

IndianStartupNews · 1y

The National Company Law Tribunal (NCLT) has warned Dunzo, a grocery delivery platform, about a complaint filed by Betterplace Safety Solutions. The complaint accuses Dunzo of failing to pay dues amounting to Rs 4 crore. The NCLT has given Dunzo a week to respond and stated that if the issue is not promptly resolved, the company could face a moratorium. This case highlights Dunzo's financial struggles, and the NCLT has requested a status quo on Dunzo's assets to protect them until a resolution is reached. The next hearing is scheduled for April 1, 2024.