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Axis Bank has filed a petition before the National Company Law Tribunal (NCLT) seeking insolvency proceedings against Zee Learn, the education services provider. The petition, filed under Section 7 of the Insolvency and Bankruptcy Code, aims to initiate the CIRP. Zee Learn has received a notice from the NCLT and is verifying the information claimed by Axis Bank. ....
Stocks to watch: Shares of firms like Tata Motors, Power Grid, Adani Stocks, Axis Bank, Piramal, and others will be in focus on Wednesday's trade. ....
NCLT had earlier ordered insolvency proceedings against Zee Learn in February this year, when another financial creditor Yes Bank filed a similar petition ....
Axis Bank moves NCLT to seek insolvency proceedings against Zee Learn thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.