NEW DELHI: The National Company Law Tribunal on Wednesday reinstated Glas Trust Co. Llc and Aditya Birla Finance Ltd as Byju's financial creditors, in a major setback to the edtech company as the ...
A group of lenders, represented by Glas Trust, claims that the company owes them Rs 11,432 crore. Byju’s, once a leading edtech company, is caught in a legal and financial battle over its debts ...
Suspended directors of the bankrupt edtech firm Byju’s have approached the National Company Law Appellate Tribunal (NCLAT), challenging a Bengaluru insolvency court’s decision to reinstate its ...
In the ongoing saga of BYJU'S financial issues, perhaps the most glaring loose end in the tale is the case of $533 million that has seemingly vanished out of a loan of $1.2 billion the edtech ...
BYJU’s manager Vinay Ravindra and business ally Rajendran Vellapalath refused to answer questions about their roles in seizing assets from BYJU’S US-based subsidiaries — Epic! and Tangible ...
On January 29, 2025, the National Company Law Tribunal (NCLT) made an important decision about Byju's insolvency case. Byju’s has been in the news for quite some time. NCLT ruled that two major ...
Indian edtech unicorns, which went on a rapid expansion spree during the pandemic years, are recalibrating their strategies as the collapse of Byju’s and investors’ focus on profitability prompts them ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. A top executive of troubled Indian tech firm Byju’s ...
The National Company Law Tribunal on Wednesday (January 29, 2025) ordered a disciplinary proceeding against Byjus' resolution professional and nixed his direction to exclude Glas Trust and Aditya ...
Edtech major Byju’s finds itself in yet another legal tangle. After its insolvency proceedings were reinstated in October last year, a new twist emerged when Resolution Professional (RP ...
(Bloomberg) The National Company Law Tribunal (NCLT), Bengaluru bench, on Wednesday, directed disciplinary action against Pankaj Srivastava, the resolution professional (RP) managing Byju’s ...