Zapak Digital, Webchutney reach settlement on dues

Zapak Digital Entertainment, a Anil Dhirubhai Ambani Group (ADAG) company, is understood to have settled a legal dispute with a digital media agency, Webchutney, for unpaid dues.

Zapak Digital had filed a petition in the Delhi High Court for winding up of Web Chutney Studio Pvt Ltd for non-payment of dues. The petitioner had alleged that after running the advertisements of Webchutney's clients' product on the site for stipulated period, the respondent had not cleared invoices as raised by Zapak.

Webchutney, which is engaged in locating and obtaining advertising space on websites for advertising the products of its clients, had purchased advertising space on 'www.zapak.com'.

When contacted both the companies declined to comment on the issue. One of the officials of Webchutney confirmed a settlement has been worked out between the two parties. The respondent has agreed to pay any dues, if any to Zapak.

“It was a minor issue, Zapak is still a client of Webchutney,” the official said.

Founded in 1999, Webchutney is a full-service digital media agency with 150 people on its rolls. Their portfolio of services includes online advertising, web design and development, mobile marketing and social media services. Their clients include Unilever, P&G, HP, Airtel, and Microsoft among others.

Incorporated in 2005, Zapak Digital Entertainment Ltd operates online gaming website. It offers online games, which comprise action, racing, sports, cricket and strategy, arcade, multiplayer, cartoon network, downloadable, and puzzle and flash games; and email services.