Zee Learn Limited has informed regarding Disclosure of material issue
ZEELEARN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Zee Learn Limited has informed stock exchanges that the National Company Law Tribunal (NCLT), Mumbai has approved the withdrawal of the Corporate Insolvency Resolution Process (CIRP) against Digital Ventures Private Limited (DVPL), a related entity. The application to withdraw CIRP was filed by the Deemed Resolution Professional after 96.05% of the Committee of Creditors (CoC) members voted in favor of the withdrawal at their meeting on December 16, 2025. The NCLT passed the order on December 19, 2025, and it was uploaded on its website on January 5, 2026. As a result, the moratorium under Section 14 of the Insolvency and Bankruptcy Code ceases, and DVPL will be restored to its erstwhile management. Compliance with Section 12A of the IBC was confirmed by the tribunal.
This is a positive development for Zee Learn as the insolvency cloud over its group entity DVPL has been lifted, allowing the subsidiary to resume normal business operations under its previous management without the restrictions of CIRP.