Insolvency procedures started against the global Firstcry areas for shares not paid by £ 65, et Bredequity

insolvency proceedings initiated against firstcrys globalbees subsidiary for rs 65 crore dues

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A reason was presented to start an insolvency procedure against Globalbees Brands, a subsidiary of the Omnicanale Firstcry dealer, for unpaid quotas for a value of 65 RS.

In an exchange depot, Brainbees Solutions, Firstcry’s mother society, said Ashutosh Garg, Paritosh Garg and Manju Agarwal presented a petition to the new Delhi bench of the National Company Law Tribunal (NClt) for an alleged claim of RS 64.92, together with 18 % of interest per year accumulated from May 9 until the payment date.

The deposit did not provide any detail on the three individuals, but the prospect of red brainbees herds, filed on July 30 last year, says that the trio are shareholders of a company called Kuber Mart Industries.

“Globalbees Brands Limited Private is actively looking for adequate legal advice and undertakes all the necessary measures to oppose the application (also in the admission phase), in order to safeguard their interests in the aforementioned question”, said the company.Brainbees solutions It has a 51 % participation in Globalbees, an e-commerce company that acquires and resize the brands directed to the consumer (D2C). It operates as the Roll-up Thrasio company, which means that it acquires and consolidates smaller and native digital brands, providing them with resources and support to accelerate their growth.

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  • Updated On Jun 19, 2025 at 10:50 AM IST
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  • Posted on June 19, 2025 at 10:50
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  • 1 min read
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