Exclusive: 10Club moves NCLT to begin insolvency proceedings

E-commerce aggregator 10Club has filed insolvency petitions against two suppliers at the NCLT over unpaid dues worth Rs 18.7 crore. The company alleges breach of supply agreements and non-delivery of inventory despite advance payments. This legal action reflects growing tensions in the e-commerce roll-up space as companies face working capital pressures. The proceedings could set important precedents for vendor disputes in India's D2C ecosystem. Suppliers have contested the claims, calling them exaggerated. The case highlights the challenges of inventory management and supplier relationships in the rapidly growing but cash-intensive online retail sector.