The Committee of Creditors (CoC) of Think and Learn Pvt. Ltd. filed an appeal challenging the dismissal of I.A No.495/2025 in CP(IB) No.149/BB/2023 by the Adjudicating Authority. The core issue revolves around the legal character of the CoC and its ability to litigate in its own name.
M/s. Think and Learn Pvt. Ltd. was admitted into CIRP under Section 9 of the IBC.
The RP constituted a four-member CoC on 21.08.2024 and later reconstituted it on 31.08.2024 by dropping Glas Trust Company LLC and Aditya Birla Capital Limited.
Glas Trust Company LLC and Aditya Birla Capital Limited filed separate applications (IA No.660 of 2025 and IA No.802 of 2024) aggrieved by their removal from the CoC, which were allowed on 29.01.2025.
One of the suspended directors of the Corporate Debtor preferred IA No.466 of 2025 to remove Glas Trust from the CoC.
The CoC filed IA No.495 of 2025 to implead itself in IA No.466 of 2025, which was dismissed by the Adjudicating Authority.
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M/s. Think and Learn Pvt. Ltd. was admitted…
The RP constituted a four-member CoC…
The Committee of Creditors (CoC) of Think and Learn Pvt. Ltd. filed an appeal challenging the dismissal of I.A No.495/2025 in CP(IB) No.149/BB/2023 by the Adjudicating Authority. The core issue revolves around the legal character of the CoC and its ability to litigate in its own name.
M/s. Think and Learn Pvt. Ltd. was admitted into CIRP under Section 9 of the IBC.
The RP constituted a four-member CoC on 21.08.2024 and later reconstituted it on 31.08.2024 by dropping Glas Trust Company LLC and Aditya Birla Capital Limited.
Glas Trust Company LLC and Aditya Birla Capital Limited filed separate applications (IA No.660 of 2025 and IA No.802 of 2024) aggrieved by their removal from the CoC, which were allowed on 29.01.2025.
One of the suspended directors of the Corporate Debtor preferred IA No.466 of 2025 to remove Glas Trust from the CoC.
The CoC filed IA No.495 of 2025 to implead itself in IA No.466 of 2025, which was dismissed by the Adjudicating Authority.
…M/s. Think and Learn Pvt. Ltd. was admitted…
The RP constituted a four-member CoC…