BDO, the auditor for Indian edtech startup Byju’s, has resigned with immediate effect, marking the second auditor departure for the embattled startup in about a year and further intensifying concerns ...
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Byju's insolvency: NCLT reinstates Glas Trust, Aditya Birla Finance as financial creditor
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), ...
An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju’s, once India’s most valuable startup, in response to a petition from the country’s cricket board. The ruling effectively ...
BYJU’S plans to challenge the NCLT order and will file an appeal in Delhi to block the insolvency proceedings, but is this too little and too late? For the first order of business, the interim ...
Sept 7 (Reuters) - Indian education technology company Byju's' auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju ...
Byju’s secured time to repay $19 million owed to India’s cricket governing board, a move that allows the online tutoring startup to avoid insolvency for now. A companies’ appeals court in the southern ...
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 ...
The Bengaluru bench of the National Company Law Tribunal (NCLT) has dismissed a plea by Byju’s parent company, Think & Learn, seeking an interim stay to stop Aakash Educational Services from holding ...
A software company controlled by Indian entrepreneur Byju Raveendran drained cash from US affiliates in violation of US bankruptcy rules, according to a lawsuit filed Tuesday in federal court in ...
Byju Raveendran, co-founder and CEO of Byju’s, said the exit of key investors in the company affected its ability to raise funds. What Happened: In a social media interaction, Raveendran said Prosus, ...
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