NCLT admits insolvency resolution plea against Goli Vada Pav as it fails to pay Rs 3.5 crore debt

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The National Company Law Tribunal (NCLT) has initiated the corporate insolvency resolution process against the Mumbai-based fast-food chain, Goli Vada Pav Private Limited, following the company’s alleged failure to settle a debt amounting to Rs 3.56 crore. Why NCLT took this decision? The decision came in response to a plea from Vista Processed Foods Pvt […]