NCLT issues notice to GoMechanic on insolvency plea

The petition alleges the car repair startup defaulted on payments.

The National Company Law Tribunal on Wednesday issued a notice to GoMechanic over an insolvency plea filed against the company, says a person in the know, requesting anonymity.

The development comes after DigiRovers, a Gurugram-based company that provided digital marketing services to GoMechanic, filed a petition last month before the tribunal alleging that the car repair startup defaulted on payments worth Rs 1.25-1.5 crore, says this person. 

The Sequoia-backed startup made timely payments to DigiRovers between January and July 2022, but defaulted for a couple of months after that, according to this person. GoMechanic put the delay in payments down …

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Shivani Verma

Shivani is a former writer at The Morning Context. She reported and wrote on the intersection of society, technology and business. Before that, she wrote for Yesterday, our daily news product.

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Delhi

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Samiksha Goel

Samiksha covered all things startups at The Morning Context. She joined us from The New Indian Express, where she wrote stories on the retail and food sectors. Prior to that, she had covered startups and written various business features in the Deccan Herald.

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Bengaluru