Zomato faces insolvency plea from uniform supplier over non-payment of dues

This article discusses an insolvency plea against Zomato by its uniform supplier, Nona Lifestyle, for non-payment of ₹1,64,83,194 in dues. Nona Lifestyle claims that Zomato delayed payments and failed to take delivery of ordered products, including merchandise for the ICC World Cup 2023. Zomato denies these claims, stating that Nona Lifestyle failed to meet delivery timelines, causing them reputational damage. The insolvency plea was initially dismissed but later a petition was filed for restoration of the insolvency plea. During the hearing, Zomato's advocate argued against the restoration, citing a pre-existing dispute over the outstanding amount. The NCLT questioned Nona Lifestyle's lawyer about her awareness of Zomato's business and urged her to obtain instructions on their desired course of action. The case has been adjourned to April 3 for further consideration.