Zee Learn: Lenders to withdraw CIRP petition from NCLT

Zee Learn Ltd has informed that the National Company Law Tribunal (NCLT), Mumbai Bench, recorded on June 8, 2026, that lenders Asset Care & Reconstruction Enterprise Limited (ACRE) and Yes Bank Limited have decided to withdraw the Corporate Insolvency Resolution Process (CIRP) petition initiated against the company. An application for the formal withdrawal of the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, will be filed. The company clarified that the NCLT's order only noted the lenders' intention to withdraw the petition, in continuation of earlier disclosures regarding the CIRP proceedings.