The National Company Law Tribunal (NCLT), Chennai Bench, has fixed July 7, 2026, as the date for hearing the composite scheme of arrangement involving Veranda Learning Solutions Limited , Veranda XL Learning Solutions Private Limited, and J.K. Shah Commerce Education Limited. The scheme seeks to amalgamate the entities along with their respective shareholders and creditors. The tribunal admitted the company scheme petitions on June 3, 2026, after they were presented on April 29, 2026.

Hearing Details and Stakeholder Options

The hearing will address Company Scheme Petition Nos. CP(CAA)/39(CHE)/2026, CP(CAA)/42(CHE)/2026, and CP(CAA)/38(CHE)/2026. Any person desirous of supporting or opposing the scheme must send a notice of intention to the advocate for the petitioners. This notice, signed by the individual or their advocate, must include the person's name and address and reach the advocate no later than seven days before the hearing date.

Submission Requirements for Opposition

Those seeking to oppose the petitions are required to furnish the grounds of opposition or a copy of the affidavit intended to be relied upon along with their notice. The designated advocate for the petitioners is Mr. Pawan Jhabakh, located at No. 115, Luz Church Road, Mylapore, Chennai – 600 004.

Petition and Scheme Details

The composite scheme falls under Sections 230 to 232 of the Companies Act, 2013, and the related rules. The registered offices of all three petitioner companies are located at G.R. Complex, First Floor, No. 807-808, Anna Salai, Nandanam, Chennai – 600 035. Copies of the scheme petitions can be obtained from the advocate upon payment of prescribed charges or by emailing the companies at secretarial@verandalearning.com .

Veranda Learning Solutions , through its unit J.K. Shah Classes, has entered into a Memorandum of Understanding with CPA Excellent Partners, a company based in Japan. This partnership aims to collaborate on talent development, talent placement, direct recruitment, and career support for accounting and finance professionals across global markets. The agreement seeks to strengthen Indo-Japan cross-border talent mobility and create structured international career pathways for learners enrolled in Veranda Learning's commerce vertical.

Partnership Overview

The collaboration marks a significant step in connecting Indian commerce graduates with global roles, including opportunities in Japan and other developed markets. The partnership aligns with the broader vision of enhanced economic cooperation and talent exchange between India and Japan. It will be anchored by Veranda Learning's Commerce vertical under the leadership of Prof. J.K. Shah, which includes brands such as J.K. Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce and Management, and Logic School of Management.

Partner Profile

CPA Excellent Partners, established in 2001, is a leading accounting education and career support organisation in Japan. Its subsidiary, CPA KAIKEI GAKUIN, recorded a 66.7% share of certified public accountant exam passers in 2025, with 1,092 examinees passing. The organisation also operates "CPASS Career," a job placement and career transition support platform for accounting and finance professionals.

Collaboration Scope

Under the MoU, both organisations will collaborate on curriculum alignment, employer-led skill development, cross-border placement opportunities, digital recruitment access, employer engagement initiatives, and career support services. The collaboration will cover opportunities across India, Japan, Southeast Asia, North America, Australia, the Middle East, and other global markets. Mr. Kensuke Kunimi, CEO of CPA Excellent Partners Co., Ltd., stated that the mission is to support people in expanding their potential and enriching their lives. Prof. J.K. Shah noted that the partnership is a key milestone in expanding international career pathways for commerce students.