Yes Bank Initiates Insolvency Proceeding Against Zee Learn Ltd, An Essel Group Company: NCLT Mumbai

Pallavi Mishra

27 April 2022 8:53 PM IST

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Yes Bank Initiates Insolvency Proceeding Against Zee Learn Ltd, An Essel Group Company: NCLT Mumbai

The National Company Law Tribunal ("NCLT"), Mumbai Bench, comprising of Justice P.N. Deshmukh (Judicial Member) and Shri K.K. Vohra (Technical Member), has issued notice to Zee Learn Limited in a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 ("IBC"), titled Yes Bank Ltd. v Zee Learn Ltd. The order was passed on 12.04.2022. Zee Learn Ltd. is an Essel...

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National Company Law Tribunal (“NCLT”)NCLT Mumbai Section 7 of the Insolvency and Bankruptcy Code Yes Bank Zee Learn Ltd Essel Group Corporate Insolvency Resolution Process (CIRP)