<ul><li>The National Company Law Tribunal (NCLT) has dismissed an insolvency plea against Zomato filed by Nona Lifestyle.</li><li>The plea was dismissed as it was filed without serving a proper notice under section 8 of the Insolvency and Bankruptcy Code (IBC).</li><li>The insolvency petition was originally filed in October 2024 by Nona Lifestyle, alleging unpaid dues of INR 1.64 Cr.</li><li>Zomato has been facing challenges with sluggish growth in its food delivery segment in recent quarters.</li></ul>

Relief For Zomato As NCLT Dismisses Insolvency Plea Over Alleged Unpaid Dues

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