NCLT turns down insolvency plea against Dentsu
The Mumbai bench cited a lack of evidence against the accusation of fraudulent transactions
by
Published: Apr 22, 2025 11:26 AM | 1 min read
Follow Us
The NCLT Mumbai bench has dismissed an insolvency plea against Dentsu Communication India, according to media reports.
The bench cited a lack of evidence against the accusation of fraudulent transactions.
Dentsu Communication has been accused of Rs 5.42 crore.
The tribunal said that there has been no evidence regarding goods being delivered to the corporate debtor.
Dentsu's counsel said the transactions in question were carried out by former employees without approval.
Read more news about Internet Advertising India, Marketing News, PR and Corporate Communication News, Digital Media News, Television Media News
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook YouTube & Google News