# In the matter of CoC of Think and Learn Pvt. Ltd. vs. Riju Ravindran & Ors.

> NCLAT judgment dated 2026-02-24. Citation: TCN-2026-NCLAT-00032. The Committee of Creditors (CoC) of Think and Learn Pvt. Ltd. filed an appeal challenging the…

- **Court:** NCLAT
- **Order date:** 24 Feb 2026
- **Citation:** TCN-2026-NCLAT-00032
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-chennai/coc-of-think-and-learn-pvt-ltd-vs-riju-ravindran-ors-8c5f94a0

## Summary

### Background

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.

## Facts

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.

…

## Issues and analysis

### Issue 1: Whether the Committee of Creditors (CoC) has a legal character and the right to litigate in its own …

**Ratio:** A CoC can litigate in its name for

…

**Reasoning:** The CoC is a statutory body and a decision-making entity within the framework of the IBC.

…

**Interpretation:** The IBC attempts to forge a purposive alliance but is equally careful not to

…

**Application:** The tribunal held that for the purpose of working of the IBC and to deal with

…

## Parties

- **Judges:** N. Sesha…; Jatindranat…
- **Appellants:** Committee of…
- **Respondents:** Think and Learn…; Riju Ravi…; +4 more
- **Other parties:** Aditya Birla…
- **Advocates:** Jayant…; Prachi…; +15 more

## Timeline

- **2023 — CIRP Init…**: M/s. Think and Learn Pvt. Ltd. was admitted into CIRP under Sec.9 IBC vide the order of…
- **2024-08-21 — CoC Consti…**: The RP constituted a four-member CoC whereinafter it took out I.A No.942/2024, before the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclat-chennai/coc-of-think-and-learn-pvt-ltd-vs-riju-ravindran-ors-8c5f94a0