Zomato faces insolvency plea for Rs 1.64 crore dues

Zomato is facing an insolvency plea from Nona Lifestyle over unpaid dues of Rs 1.64 crore. The National Company Law Tribunal (NCLT) has postponed the case to April 3 for further clarification. Nona Lifestyle claims Zomato failed to pay for uniforms and merchandise, including World Cup apparel. The supplier alleges Zomato delayed payments and pressured them for discounts, while Zomato contends that Nona missed delivery deadlines. Zomato denies the allegations, stating it only paid for delivered items after applying penalties for late deliveries. The company claims these delays harmed its reputation and goodwill.