The National Company Law Appellate Tribunal has directed the Interim Resolution Professional to ensure that Digital Ventures Private Limited is running as a going concern with the assistance of management, staff, and employees of the company.
Amit Kumar Bansal, the Suspended Director of Digital Ventures Private Limited, has filed an appeal before the NCLAT Delhi, challenging the NCLT Admission Order.
The National Company Law Tribunal has ordered the initiation of a Corporate Insolvency Resolution Process (CIRP) in the matter of Axis Bank Limited V/s Digital Ventures Private Limited (a wholly Owned Subsidiary of the Zee Learn Limited) (the NCLT Admission Order) on November 19, 2024.
The matter was heard before the bench of Justice Ashok Bhushan (Chairperson); Barun Mitra and Arun Baroka (Technical Member).
The matter is now listed on January 16, 2025.
