NCLT issues notice to GoMechanic on insolvency plea
The petition alleges the car repair startup defaulted on payments.

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
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
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.
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.
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.