Sunday, October 6, 2024
HomeLawYes Bank moves NCLT Mumbai to initiate insolvency proceedings against Zee Learn

Yes Bank moves NCLT Mumbai to initiate insolvency proceedings against Zee Learn

The application filed through Advocate Dharmesh Jain was against alleged default of about ₹468 crores by Zee. The matter was adjourned for hearing on June 8, 2022.

“Yes Bank Limited has allegedly claimed that the total amount in default with respect to the financial facility is ₹468 crores. However, the Company is compiling information to verify the facts claimed in the said petition filed by Yes Bank Limited” the company stated in the disclosure filed with the Securities Exchange Board of India (SEBI) as per their regulations.

Source: Barandbench

RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments