Section

NCLT notes Amazon Wholesale (India) and service provider should try settlement in insolvency dispute

By Economic Times - 8 months ago
The National Company Law Tribunal has asked Amazon Wholesale (India) Private Ltd and Multiplier Brand Solutions Pvt Ltd to try settling their dispute over a default of Rs 3.7 crore. Amazon has raised concerns about the authenticity of some invoices and has initiated an investigation. Both parties have been asked to reach a settlement before the next hearing on February 13.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.