Zepto, the Mumbai-based quick commerce startup, has secured approval from the National Company Law Tribunal (NCLT) for its merger with its Singapore-based affiliate, Kiranakart Pte Ltd. This decision allows Zepto …
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NCLT
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BusinessStartupsStartups Insights
NCLT Reserves Order on Appeals by BYJU’S Creditors Over CoC Inclusion
by Arti SinghThe National Company Law Tribunal (NCLT) has reserved its order regarding the appeals filed by two creditors, Glas Trust and Aditya Birla Finance, seeking to be included in the Committee …
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BusinessStartups InsightsTechnology
NCLT Opens Insolvency Proceedings Against Hero Electric Over Rs 1.85 Crore Vendor Dues
by Arti SinghThe National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Hero Electric, following a petition filed by Metro Tyres, a supplier claiming a default of Rs 1.85 crore in …