The National Company Law Tribunal ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nclt” target=”_blank”>NCLT) on Monday approved the appointment of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/shailendra-ajmera” target=”_blank”>Shailendra Ajmera as the new resolution professional (RP) of the beleaguered edtech firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/byju%E2%80%99s” target=”_blank”>Byju’s parent Think & Learn.
This comes after the Think & Learn’s committee of creditors (CoC) passed a resolution to replace ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/pankaj-srivastava” target=”_blank”>Pankaj Srivastava and appoint Ajmera as the new RP.
“Heard the Learned Senior Counsel appearing for the Applicant and considering the submissions made, the present application replacing the IRP, Pankaj Srivastava, by appointing Shailendra Ajmera, as…
