NCLT dismisses insolvency plea against Wipro by US-based cloud service provider

A California-based company had filed the insolvency plea earlier this year over alleged unpaid dues amounting to ₹ 2.8 crore.

NCLT Bengaluru and Wipro

Published on:

22 Oct 2024, 6:52 am

1 min read

The National Company Law Tribunal (NCLT) in Bengaluru on October 22 dismissed an insolvency plea filed against tech giant Wipro by a California-based cloud service provider called Ivalua Inc.

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NCLT

Wipro

operational creditor

Insolvency and Bankrupcy Code