<ul><li>The NCLT has dismissed an insolvency plea against Dunzo filed by Invoice Discounters of Dunzo Digital Pvt Ltd.</li><li>Dunzo sought more time for settlement talks, but the talks fell apart, leading to the dismissal of their right to reply.</li><li>Several vendors had also filed insolvency against Dunzo for pending dues, with the startup owing around INR 11.4 Cr collectively.</li><li>Founded in 2015, Dunzo faced financial challenges, saw a sharp increase in cash burn, explored selling options, and eventually ceased its operations before its CEO joined Flipkart.</li></ul>

NCLT Dismisses Insolvency Plea Against Dunzo

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