National Company Law Tribunal (NCLT) has directed to initiate insolvency proceedings against Zee Learn after Yes Bank claimed a default of ₹468.99 crore by the Essel Group company. Of the default amount, the principal amount was ₹410.67 crore and ₹58.32 crore was interest. Yes Bank moved NCLT last year and Zee Learn received notice of the petition on April 25.