<p>New Delhi:Food delivery aggregator <a href="https://www.deccanherald.com/search?q=Zomato">Zomato</a> may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition.</p>.<p>Nona Lifestyle Pvt Ltd, an operational creditor, has moved NCLT requesting to restore an insolvency plea filed by it earlier against Zomato Ltd under Section 9 of the Insolvency & Bankruptcy Code in 2024.</p>.<p>In 2024, NCLT had dismissed it due to non-prosecution and now Nona Lifestyle has requested to restore its old petition.</p>.Zomato shareholders approve name change to Eternal.<p>It has filed an application under Rule 11 of NCLT Rules, 2016, which provides the tribunal inherent power that can also be used for restoration purposes.</p>.<p>It has requested the Delhi-based NCLT bench "to admit the accompanying application and pass an order for initiating the CIRP against the Corporate Debtor (Zomato) here in under Section 9".</p>.<p>CIRP stands for Corporate Insolvency Resolution Process.</p>.<p>The matter was listed on Monday before a two-member bench of the NCLT, comprising members Ashok K Bhardwaj and Reena Sinha Puri, which adjourned the matter to April.</p>.<p>Nona Lifestyle, the petitioner, is an apparel business and has supplied uniforms for its employees and delivery partners, including merchandise for brand activations during ICC World Cup 2023.</p>.<p>It has claimed default on the part of Zomato, saying it not only delayed the payment but also did not take the complete delivery.</p>.<p>Nona Lifestyle has claimed dues of Rs 1.64 crore, including interest, on Zomato. However, it was denied by the counsel appearing for the food delivery aggregator.</p>.<p>Zomato's counsel opposed the restoration of the plea and said there is a pre-existing dispute.</p>
<p>New Delhi:Food delivery aggregator <a href="https://www.deccanherald.com/search?q=Zomato">Zomato</a> may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition.</p>.<p>Nona Lifestyle Pvt Ltd, an operational creditor, has moved NCLT requesting to restore an insolvency plea filed by it earlier against Zomato Ltd under Section 9 of the Insolvency & Bankruptcy Code in 2024.</p>.<p>In 2024, NCLT had dismissed it due to non-prosecution and now Nona Lifestyle has requested to restore its old petition.</p>.Zomato shareholders approve name change to Eternal.<p>It has filed an application under Rule 11 of NCLT Rules, 2016, which provides the tribunal inherent power that can also be used for restoration purposes.</p>.<p>It has requested the Delhi-based NCLT bench "to admit the accompanying application and pass an order for initiating the CIRP against the Corporate Debtor (Zomato) here in under Section 9".</p>.<p>CIRP stands for Corporate Insolvency Resolution Process.</p>.<p>The matter was listed on Monday before a two-member bench of the NCLT, comprising members Ashok K Bhardwaj and Reena Sinha Puri, which adjourned the matter to April.</p>.<p>Nona Lifestyle, the petitioner, is an apparel business and has supplied uniforms for its employees and delivery partners, including merchandise for brand activations during ICC World Cup 2023.</p>.<p>It has claimed default on the part of Zomato, saying it not only delayed the payment but also did not take the complete delivery.</p>.<p>Nona Lifestyle has claimed dues of Rs 1.64 crore, including interest, on Zomato. However, it was denied by the counsel appearing for the food delivery aggregator.</p>.<p>Zomato's counsel opposed the restoration of the plea and said there is a pre-existing dispute.</p>