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.
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The Supreme Court stayed NCLAT's order approving Byju's payment of ₹158.9 crore to BCCI, following solicitor general Tushar Mehta's protests. BCCI was instructed to deposit the money in an escrow account. Senior advocate Shyam Divan highlighted that numerous claims were pending against Byju’s, signaling financial distress affirming the need to revisit insolvency proceedings.
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.
The Supreme Court of India deliberated on the legality of bulldozing properties solely due to criminal charges against the owners. The bench stressed...
The Supreme Court of India deliberated on the legality of bulldozing properties solely due to criminal charges against the owners. The bench stressed...
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...
On Monday, the Supreme Court stayed an Allahabad High Court order for a new selection list of 69,000 assistant teachers, halting the annulment of...
In August, the top court said it has stayed the Allahabad high court’s directive for an ED probe into the company directors but the stay order does...
THE Office of the Solicitor General (OSG) has asked the Supreme Court to dismiss for lack of merit the petition seeking to enjoin the administration...
THE Office of the Solicitor General (OSG) has asked the Supreme Court to dismiss for lack of merit the petition seeking to enjoin the administration...