India, June 18 -- Three individuals have filed a petition to initiate insolvency proceedings against GlobalBees Brands, a material subsidiary of listed kids-focussed omnichannel retailer FirstCry's parent Brainbees Solutions, for a claim amount of INR 65 Cr.

In an exchange filing, Brainbees said that Ashutosh Garg, Paritosh Garg and Manju Agarwal have filed the plea for a claim amount of INR 64.92 Cr, excluding interest, pertaining to the period between May 9, 2025 and the "date of actual payment".

". Ashutosh Garg, Paritosh Garg and Manju Agarwal, have together filed an application. against Globalbees Brands Private Limited,. before the Hon'ble National Company Law Tribunal, New Delhi Bench, for an alleged claim amount of INR 64,92,38,...