38.6c New Delhi, India, Friday, October 24, 2025
Top Stories Supreme Court
Political NEWS Legislative Corner Celebstreet International Videos
Subscribe Contact Us
close
Business

Betterplace Safety Solutions files plea seeking insolvency against Dunzo before NCLT Bengaluru [Read Order]

By Rintu Mariam Biju      17 February, 2024 10:54 AM      0 Comments
Betterplace Safety Solutions files plea seeking insolvency against Dunzo before NCLT Bengaluru

BENGALURU: M/s. Betterplace Safety Solutions Pvt. Ltd has moved has moved the National Company Law Tribunal, Bengaluru against delivery app, Dunzo Digital Pvt. Ltd. over pending dues.

 A coram of judicial member Justice T Krishnavalli and technical member Manoj Kumar Dubey issued notice in the plea and has asked the corporate debtor (Dunzo) to reply within two weeks.  The matter will next be heard on March 4.

Issue Notice to the Respondent/Corporate Debtor. Registry is directed to prepare the notice and Counsel for the Petitioner is permitted to collect the notice and serve it personally on the Managing Director of the Respondent Company and also on the Respondent Company along with Company petition and other material papers through email as well as by speed post and is directed to file affidavit of service along with tracking report in the Registry, within two weeks.

 The plea to initiate corporate insolvency resolution process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) was submitted in November, last year. 

The outstanding debt owed by Dunzo to Betterplace stems from various services provided, including background verification, recruitment of delivery personnel, asset management, and merchandise, all delineated within a master service agreement and platform subscription agreement.

Despite granting multiple extensions, Dunzo has allegedly failed to settle these outstanding dues, prompting Betterplace's to pursue legal recourse.

 

[Read Order]



Share this article:

About:

Rintu Mariam Biju graduated from the National University of Advanced Legal Studies, Kochi after comp...Read more

Follow:
FacebookTwitterLinkedinInstagram


Leave a feedback about this
Related Posts
View All

NCLT Retd. Judge MK Shrawat on Forced Conversion || Exclusive Interview NCLT Retd. Judge MK Shrawat on Forced Conversion || Exclusive Interview

NCLT Retd. Judge MK Shrawat

GO FIRST Airlines Forced to File for Insolvency Due to Engine Supplier's Negligence! Urgent Hearing Tomorrow at NCLT GO FIRST Airlines Forced to File for Insolvency Due to Engine Supplier's Negligence! Urgent Hearing Tomorrow at NCLT

GO FIRST, one of India's leading low-cost airlines, has filed for insolvency due to the increasing number of failing engines supplied by Pratt & Whitney. The petition has been listed for urgent hearing at the National Company Law Tribunal (NCLT) on May 4, 2023.

Amidst woes of mounting debt claims, SpiceJet accused of 'cannibalizing' grounded flight engine Amidst woes of mounting debt claims, SpiceJet accused of 'cannibalizing' grounded flight engine

Indian carrier SpiceJet accused of 'cannibalizing' grounded flight engine by flight engine finance lessor before the Delhi High Court.

NCLT Mumbai agrees to hear Zee's plea seeking implementation of Sony merger NCLT Mumbai agrees to hear Zee's plea seeking implementation of Sony merger

NCLT, Mumbai has sought reply from Sony Pictures Networks (now Culver Max) in an application filed by Zee Entertainment Enterprises.

TRENDING NEWS


TOP STORIES

supreme-courts-diwali-decision-sparks-debate-crackers-faith-and-fairness-bolo-bharat
Trending Videos
Supreme Court’s Diwali Decision Sparks Debate | Crackers, Faith & Fairness | Bolo Bharat

As Diwali approaches, the debate reignites over the Supreme Court’s decision permitting the use of green crackers. Is this a balanced step toward sustainable celebration, or does it reflect a tilt toward community sentiment?

18 October, 2025 08:20 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email