Bolt ‘insolvent’: partner calls in €1.6 million debt
Bolt from the blue: popular mobility operator facing legal dissolution request
26 July 2021, 7:00am
by Matthew Agius
Known for their ubiquitous food delivery scooters and cheap taxis, mobility operator Bolt could be facing an uncertain future in Malta if a court request filed on Friday is upheld.
In two separate applications filed before the commercial court, one of the shareholders in the company operating Bolt’s mobile-app technology – TXF Tech – has sued the same company and TXF Tunisia Holding for €1.6 million, over the non-payment of two constitutions of debt.
The shareholder, Debono Group Holdings, owners of the Toyota dealership in Malta amongst other concerns.
Bolt partner calls in debt of €1 6 million - The Malta Independent
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Bolt hits back at Debono Group over insolvency claim
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