Logistics Firm Moves NCLT Against XpressBees; Seeks Insolvency Proceedings Over Alleged ₹3 Crore Default

Mumbai-based Extra Edge Multi Services Private Limited has moved the National Company Law Tribunal (NCLT), Mumbai Bench, under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of the Corporate Insolvency Resolution Process (CIRP) against Busy Bees Logistics Solutions Private Limited (XpressBees) over an alleged operational debt of ₹3 crore. According to the … Continue reading Logistics Firm Moves NCLT Against XpressBees; Seeks Insolvency Proceedings Over Alleged ₹3 Crore Default