NCLT issues notice to GoMechanic on insolvency plea

The petition alleges the car repair startup defaulted on payments.

16 February, 20233 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

Pushed into rescuing KTM, Bajaj must now steer it out of trouble

The Pune-based automaker will have to completely revamp the operations of its near-bankrupt Austrian partner to reap the upside of a stable of high-end motorcycles and their enduring appeal.

Business
Story image

KTM sputters: What does it mean for Bajaj Auto?

As insolvency looms over the Austrian motorcycle maker, its Indian partner looks poised to play a key role in its much-needed rebound.

Internet
Story image

India’s Peak XV Partners gets a reality check

Sans the Sequoia heft, the VC firm has realized that it is not special. So, it is bending to the realities of the Indian market by making cuts to both volume and pricing.