NCLT admits Paytm's ₹3.41 Cr insolvency plea against gaming firm Fabzen
Mumbai bench admitted One97 Communications' IBC petition against Fabzen Technologies over unpaid in-app advertising dues with a 60-day credit period. This marks Paytm's second insolvency action against a real-money gaming platform after WinZO, as the sector reels from 2025 online gaming restrictions.
NCLT admitted Paytm's insolvency plea against gaming firm Fabzen over ₹3.41 Cr unpaid in-app advertising dues. This is Paytm's second IBC action against an RMG platform after WinZO, following 2025 online gaming restrictions.
Why this matters
Paytm is tightening receivables enforcement against real-money gaming clients hit by 2025 restrictions, following its WinZO insolvency move. Comes as it restructures with 4,000 AI-led hires by March 2027 and a 1% workforce trim.
Retail-company signals steady at 3,406 in the last 90 days.
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