United Breweries Faces Insolvency Plea Over ₹2.64 Crore Logistics Dues

Balurghat Technologies has filed an insolvency petition against United Breweries (UB) in the NCLT, Bengaluru, over an alleged default of ₹2.64 crore, including ₹1.62 crore in unpaid principal.

The company claimed that UB had earlier acknowledged the dues and entered into settlement discussions, which ultimately failed. The NCLT bench directed Balurghat to furnish supporting documents, including invoices and proof of interest liability.

While some financial details were already available in the record, the Tribunal sought additional evidence. The matter will be heard next in June.