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NCLT Issues Notice To WinZO On Paytm’s Insolvency Plea

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SUMMARY

Paytm has dragged WinZO to the tribunal over non-payment of dues worth INR 3.6 Cr for promoting its real-money gaming products on the fintech app

After hearing both sides, the NCLT scheduled the matter for next hearing on December 15

WinZO’s counsel, citing clause 14 of the purchase order, argued that the invoices have not been validated through email, and were thereby not payable yet

The New Delhi bench of the National Company Law Tribunal (NCLT) has reportedly…

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