The Edtech firm is currently facing multiple challenges, including insolvency proceedings and a 1 billion dollar claim from US-based Glas Trust.
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Supreme Court revives insolvency proceedings against Byju's on Wednesday following a lawsuit from US lenders. Here is an overview of Byju's and its troubles:
The Edtech firm is currently facing multiple challenges, including insolvency proceedings and a 1 billion dollar claim from US-based Glas Trust.
The August 2 verdict of the NCLAT had come as a huge relief for Byju's as it had effectively put its founder Byju Raveendran back in control.
The August 2 verdict of the NCLAT had come as a huge relief for Byju's as it had effectively put its founder Byju Raveendran back in control.
Byju's insolvency case has taken a contentious turn as US lenders and resolution professional Pankaj Srivastava clash. Srivastava removed Glas Trust...
Byju's stated that its auditor, BDO Global, stepped down due to unfulfilled document requests during insolvency proceedings. The edtech firm noted...
Byju's stated that its auditor, BDO Global, stepped down due to unfulfilled document requests during insolvency proceedings. The edtech firm noted...
The decision by the official means that the lenders won’t get a say on who should run Byju's and steer a restructuring plan
The decision by the official means that the lenders won’t get a say on who should run Byju's and steer a restructuring plan
(Reuters) - Indian education technology company Byju's auditor BDO Global has resigned after the startup did not provide documents requested...
(Reuters) - Indian education technology company Byju's auditor BDO Global has resigned after the startup did not provide documents requested...