The National Company Law Tribunal (NCLT) on Wednesday reinstated Glas Trust and Aditya Birla Finance Ltd as Byju's financial creditors. The tribunal found Byju’s interim resolution professional (IRP), ...
India’s top court has put on hold a tribunal ruling that halted Byju’s insolvency proceedings — a win for U.S. creditors that are seeking to recover $1 billion from the once-celebrated edtech startup.
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Edtech firm Byju's founder on Monday challenged the National Company Law Tribunal’s January order to induct Glas Trust and Aditya Birla Finance onto the committee of creditors (CoC) of its parent ...
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Even as the tubelights go off one by one, BYJU’S founder and CEO Byju Raveendran continues to fight the fight and delay what looks like the inevitable. The latest weapon in his arsenal is an anonymous ...
In yet another cost-cutting exercise, beleaguered edtech giant BYJU’S is likely to shut nearly half of its 250 BYJU’S Tuition Centre (BJC). In a bid to control its expenses amid the ongoing cash ...
NEW DELHI, Aug 2 (Reuters) - Insolvency proceedings against India's Byju's were quashed by an appeals tribunal on Friday in a big win for founder Byju Raveendran but a setback for U.S. lenders that ...