NCLT Hyderabad Orders Liquidation of Maharashtra-Based Pioneer Gas Power Limited

The National Company Law Tribunal (NCLT) at Hyderabad has recently ordered the liquidation of Maharashtra-based Pioneer Gas Power Limited after all attempts to revive the company through the insolvency process failed. A bench comprising Judicial Member Rajeev Bhardwaj and Technical Member Sanjay Puri, in an order passed on November 11, allowed the liquidation application filed…

Manipal Group submits fresh EOI to join insolvency process of Byju’s parent company

In a significant development in the Byju’s insolvency proceedings, Dr Ranjan Pai-led Manipal Education and Medical Group India (MEMG India) has formally submitted an Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process (CIRP) of Think & Learn Pvt Ltd (TLPL) — the embattled parent company of edtech major Byju’s, as per reports.  According to documents filed with the Resolution Professional (RP), MEMG India has…

Manipal Group submits EoI to participate in insolvency process of Think & Learn, parent of Byju’s

Manipal Group submits EOI to participate in insolvency process of Think & Learn, parent of Byju’s Dr. Ranjan Pai–led Manipal Education and Medical Group India (MEMG India) has formally submitted an Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process (CIRP) of Think & Learn Pvt. Ltd. (TLPL), the parent company of Byju’s. According…

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