NCLT has directed BCCI to submit its application to settle its insolvency dispute with BYJU’S to the troubled edtech’s newly ...
Besides this, the petition also questioned the tribunal’s decision to remove the current resolution professional and the ...
A Blackstone-Sattva Group joint venture plans to file draft IPO papers for a real estate investment trust by mid-February, according to a media report. Also in news, a US federal judge has found a top ...
Once valued at $22 billion, Byju’s was a symbol of India’s startup success. However, 2024 revealed a harrowing collapse, plagued by mismanagement, legal troubles, and investor disputes.
When Prosus, a Dutch technology investor, cut Byju’s valuation to $5.1 billion at the end of June, it said, “Byju’s grew considerably since our first investment in 2018, but, over time, its ...
Llc and Aditya Birla Finance Ltd as Byju's financial creditors, in a major setback to the edtech company as the two lenders will now have a say in all decisions related to its insolvency process.
Byju's corporate insolvency resolution process (CIRP) disclosed important claims made by workers. These workers are demanding unpaid debts. Together, these workers—who are also operational creditors, ...
The corporate insolvency resolution process (CIRP) of Byju’s has provided details about certain claims from its employees which helps in the understanding of the unpaid salaries and problems ...