Supreme Court drops Stayzilla's appeal against bankruptcy
The Supreme Court has dismissed Stayzilla's stay appeal on insolvency proceedings ordered by the National Company Law Tribunal. Last year, Stayzilla's vendor Jigsaw Advertising filed an FIR against Stayzilla when the latter suspended operations with arrears amounting â¹1.7 crore. Notably, an informal group named "Help Yogi" was formed to help Stayzilla CEO when he was jailed on counts of cheating.