The case involves a Corporate Insolvency Resolution Process (CIRP) initiated against Think & Learn Private Limited. An Interim Resolution Professional (IRP), Mr. Pankaj Srivastava, was initially appointed. The Committee of Creditors (CoC) was constituted, and the IRP certified its constitution. The CoC then resolved to replace Mr. Srivastava with Mr. Shailendra Ajmera as the Resolution Professional.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Think & Learn Private Limited on 2024-07-16. Mr. Pankaj Srivastava was appointed as the Interim Resolution Professional (IRP). A public announcement was made on 2024-07-17, inviting creditors to file their claims by 2024-07-31. The IRP verified the claims and constituted the Committee of Creditors (CoC) on 2024-08-21. The IRP filed I.A No.942 of 2024, certifying the constitution of the CoC, which was upheld by the Tribunal on 2025-01-29. The CoC, with 99.82% voting share, resolved to replace Mr. Pankaj Srivastava with Mr. Shailendra Ajmera as the Resolution Professional. GLAS Trust Company LLC was authorized to file the application on behalf of the CoC. Suspended directors filed an IA
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CIRP was initiated…
Public announcement was…
The case involves a Corporate Insolvency Resolution Process (CIRP) initiated against Think & Learn Private Limited. An Interim Resolution Professional (IRP), Mr. Pankaj Srivastava, was initially appointed. The Committee of Creditors (CoC) was constituted, and the IRP certified its constitution. The CoC then resolved to replace Mr. Srivastava with Mr. Shailendra Ajmera as the Resolution Professional.
The Corporate Insolvency Resolution Process (CIRP) was initiated against Think & Learn Private Limited on 2024-07-16. Mr. Pankaj Srivastava was appointed as the Interim Resolution Professional (IRP). A public announcement was made on 2024-07-17, inviting creditors to file their claims by 2024-07-31. The IRP verified the claims and constituted the Committee of Creditors (CoC) on 2024-08-21. The IRP filed I.A No.942 of 2024, certifying the constitution of the CoC, which was upheld by the Tribunal on 2025-01-29. The CoC, with 99.82% voting share, resolved to replace Mr. Pankaj Srivastava with Mr. Shailendra Ajmera as the Resolution Professional. GLAS Trust Company LLC was authorized to file the application on behalf of the CoC. Suspended directors filed an IA
…CIRP was initiated…
Public announcement was…