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.

— Source publishedMon, 22 Jun, 2026, 11:18 IST·First seen Mon, 22 Jun, 2026, 11:21 IST·Source Inc42

What happened

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

Key facts

  • ₹3.41 Cr
  • 60-day credit period
  • ₹3.6 Cr
  • ₹20,000 fine

Why this matters

Distressed RMG platforms like Fabzen and WinZO may surface as cheap acqui-hire or IP-pickup targets as insolvency proceedings progress.

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