India, Nov. 12 -- The New Delhi bench of the National Company Law Tribunal (NCLT) has reportedly issued a notice to gaming platform WinZO on an insolvency petition filed by listed fintech major Paytm.

As per Storyboard18, a bench, comprising judicial member Justice Jyotsna Sharma and technical member Anu Jagmohan Singh, directed the online gaming startup to furnish its reply to the petition in the next two weeks.

Paytm has dragged WinZO to the tribunal over non-payment of dues to the tune of INR 3.6 Cr. Meanwhile, after hearing both sides, the NCLT scheduled the matter for next hearing on December 15.

Arguing before the NCLT, Paytm counsel Krishnendu Datta reportedly contended that WinZO had failed to clear the four invoices, which aro...