The founder of bankrupt Indian tech firm Byju’s tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a… Read More »Byju’s Founder Accused Of Trying To Regain Firm With Hidden Cash
Supreme Court directed BCCI to deposit the settlement amount of Rs 158.9 crore. New Delhi: The Supreme Court on Wednesday set aside National Company Law… Read More »Top Court Reverses Tribunal Order On Byju’s- BCCI Rs 158 Crore Settlement
In the latest statement, the lenders have raised their total claim to $1.5 billion. New Delhi: Byju Raveendran, the founder of troubled edtech firm Byju’s,… Read More »“Ready To Pay Back Lenders Before Taking A Single Rupee Out”: Byju’s Founder
New Delhi: The insolvency appellate tribunal NCLAT did not apply its mind while closing insolvency proceedings against Byju’s, the Supreme Court has said, noting that… Read More »“Without Applying Mind…”: Supreme Court Questions Tribunal Order On Byju’s-BCCI Settlement
BYJU’S has countered the allegation levelled by the lenders. (Representational) New Delhi: US lenders represented by Glas Trust have countered BYJU’s founder Byju Raveendran’s claim… Read More »Byju’s Still Obligated To Repay Full Loan Amount, Say US Lenders
Byju Raveendran had moved the NCLAT against the insolvency proceeding order. (Representational) Chennai: A judicial member of the National Company Law Appellate Tribunal (NCLAT), Chennai,… Read More »Law Tribunal Judge Recuses From Hearing Byjus Plea Against Insolvency Proceedings
Byju’s had previously sponsored the Indian cricket team. (Representational) New Delhi: Crisis-ridden Byju’s has moved the National Company Law Appellate Tribunal (NCLAT) against the recent… Read More »Byju’s Appeals Insolvency Order, Seeks Urgent Hearing: Report
Byju’s had previously sponsored the Indian cricket team. Bengaluru/New Delhi: Edtech company Byju’s, which was once India’s most valuable start-up worth an estimated USD 22… Read More »Byju’s Faces Insolvency Proceedings For Failure To Pay BCCI Rs 158.9 Crore
In September last year, the BCCI had applied to the Bengaluru bench of NCLT against Byju’s for defaulting on dues of Rs 158 crore. The… Read More »NCLT Admits BCCI Petition For Insolvency Proceedings Against Byju’s – News18
Byju’s is in involved in litigation with at least seven vendors in NCLT amid an acute financial crisis. The three cases against Byju’s were filed… Read More »NCLT Issues Notices To Byju’s For Non-Payment of Dues To Creditors; Details Here – News18