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Zee Learn Withdraws Insolvency Proceedings for Subsidiary

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Zee Learn Withdraws Insolvency Proceedings for Subsidiary

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Zee Learn Limited ( (IN:ZEELEARN) ) has shared an announcement.

Zee Learn Limited has announced the withdrawal of the Corporate Insolvency Resolution Process (CIRP) for its subsidiary, Digital Ventures Private Limited (DVPL). The application for withdrawal was filed by the Interim Resolution Professional at the National Company Law Tribunal (NCLT) in Mumbai, following a directive from the National Company Law Appellate Tribunal (NCLAT). This move is in accordance with the Insolvency and Bankruptcy Code and relevant regulations, and Zee Learn will keep the stock exchange updated on any further developments.

More about Zee Learn Limited

Zee Learn Limited operates in the education sector, focusing on providing educational services and solutions. The company is involved in various educational initiatives and ventures, aiming to enhance learning experiences and outcomes.

Average Trading Volume: 292,955

Technical Sentiment Signal: Buy

Current Market Cap: 3.49B INR

For detailed information about ZEELEARN stock, go to TipRanks’ Stock Analysis page.

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