New Delhi, Nov. 13 -- Dr Ranjan Pai-led Manipal Education and Medical Group India (MEMG India) has submitted a formal Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process (CIRP) of troubled edtech company Byju's parent Think & Learn, the company informed the exchanges on 13 November.
As per the documents filed with the Resolution Professional (aka RP), Manipal/s EOI declares its interest in being included in Think & Learn's Prospective Resolution Applicants (PRAs) list to "examine the company's financial and operational details for the purpose of evaluating a potential resolution plan".
Notably, this is the second time that MEMG has submitted an EOI after the time for RP extended the deadline for th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.