<ul><li>Yatra's subsidiary, TSI Yatra, is facing insolvency proceedings initiated by Ezeego Travels & Tours Ltd.</li><li>The National Company Law Tribunal (NCLT) admitted the petition filed by Ezeego, claiming unpaid dues of INR 21.97 Cr.</li><li>TSI Yatra will take legal recourse and may file an appeal before the National Company Law Appellate Tribunal (NCLAT).</li><li>The impact of the proceedings on Yatra cannot be quantified currently, but the company's stock has been declining.</li></ul>

Yatra’s Subsidiary Faces Insolvency Proceedings

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