The Bengaluru National Company Law Tribunal (NCLT) has issued a notice to Flipkart, seeking its response to an insolvency petition filed by Applabs Media Pvt Ltd over unpaid dues of nearly ₹1.7 crore. The petition was heard by a two-judge bench comprising Justice Mahendra Khandelwal and Justice Radhakrishna Sreepada on June 9, 2026, under Section 9 of the Insolvency and Bankruptcy Code, according to livemint.com.
Applabs Media Pvt Ltd filed the appeal against Flipkart alleging non-payment for services rendered. The counsel for Applabs Media stated that Flipkart had acknowledged the payment obligations in an email dated May 15, 2023. The NCLT bench ordered that notice be issued to Flipkart for filing its response and appearance, with instructions to serve the notice by all possible means and provide proof of service, per livemint.com.
This insolvency petition adds to Flipkart's ongoing legal and financial challenges in the Indian e-commerce sector, where payment disputes and vendor issues have become increasingly common. The case highlights the scrutiny faced by large platforms under the Insolvency and Bankruptcy Code, which allows creditors to seek insolvency proceedings for unpaid dues. Similar petitions have been filed against other major players in the sector, reflecting tightening regulatory enforcement.
The NCLT's notice marks the next procedural step in the insolvency petition process, requiring Flipkart's formal response. The tribunal's order was issued on June 9, 2026, and the company is expected to comply with the directive within the stipulated timeline set by the bench, as reported by livemint.com.