Dunzo: NCLT Pulls Up Dunzo For Failing To Settle With Creditors

SUMMARY During a hearing on September 27, NCLT refused to hear Dunzo's objections to the insolvency cases lodged against the company The tribunal observed that Dunzo was given 3 months time and it has still not reached a settlement with its creditors Last month, Dunzo laid off 150 employees amid a severe cash crunch Reliance [...]