Food delivery aggregator Zomato may face an insolvency plea as one of its operational creditors has moved the National Company Law Tribunal (NCLT), seeking restoration of its previous petition.

Shares of Zomato have slumped nearly 30 percent from the record highs touched on December 5, 2024, (at ₹304.5). The overall market sentiment has been weak in the last few months and, therefore ...