BusinessStartups InsightsTechnology NCLT Opens Insolvency Proceedings Against Hero Electric Over Rs 1.85 Crore Vendor Dues by Arti Singh December 28, 2024 December 28, 2024 The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Hero Electric, following a petition filed by Metro Tyres, a supplier claiming a default of Rs 1.85 crore in …