NCLT Orders Removal Of Resolution Professional

January 29, 2025

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SUMMARY

The NCLT directed the IBBI to take disciplinary action against Srivastava, saying his conduct was not fit and proper

The NCLT also ordered the dissolution of the committee of creditors (CoC) constituted to oversee the bankruptcy proceedings of BYJU’S

The Tribunal also set aside Srivastava’s earlier decision to remove Glas Trust and Aditya Birla Finance from the CoC

In another twist in the ongoing insolvency proceedings of edtech major BYJU’S, the National Company Law Tribunal (NCLT) has ordered the removal of…

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NCLT Orders Removal Of Resolution Professional

January 29, 2025

, By admin

SUMMARY

The NCLT directed the IBBI to take disciplinary action against Srivastava, saying his conduct was not fit and proper

The NCLT also ordered the dissolution of the committee of creditors (CoC) constituted to oversee the bankruptcy proceedings of BYJU’S

The Tribunal also set aside Srivastava’s earlier decision to remove Glas Trust and Aditya Birla Finance from the CoC

In another twist in the ongoing insolvency proceedings of edtech major BYJU’S, the National Company Law Tribunal (NCLT) has ordered the removal of…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

ShareChat Sets Up Its First AI Centre Of Excellence in Southeast Asia

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Delhivery Shares Jump Almost 4% During Intraday

Hi! This is Admin.

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