Court Rejects Byju’s Settlement, Paving Way for Insolvency
India’s top court struck down a bankruptcy tribunal’s order that allowed Byju’s to settle debts with a key creditor, pushing ...
MoneyWeek7d
Byju’s – the startling rise and fall
India’s educational technology start-up Byju's attracted big-name backers and soared to vertiginous heights during Covid. It ...
Moneylife1d
Byju's Insolvency: Aditya Birla Finance, GLAS Trust Move NCLT to Replace Resolution Professional
Aditya Birla Finance and GLAS Trust Company on Monday filed applications before the National Company Law Tribunal (NCLT), ...
'We've Been Abandoned... Byju’s Bankruptcy Has Left Teachers Like Me Jobless'
Byju’s, one of India’s largest edtech firms, has been embroiled in a prolonged legal battle with GLAS Trust, a consortium of lenders to which it owes nearly 99% of its debt. Supreme Court will give ...
The Week12d
Byju's Drama: Supreme Court striking down NCLT order brings in further challenges for the edutech major
Once heralded as a promising startup, Byju's get no relief with looming BCCI action, pending claims from the Income Tax ...
Byju's payment dispute settlement with India cricket body set aside by top court
India's top court on Wednesday set aside an appeals tribunal order that allowed settlement of a payment dispute between the ...
Fresh out of Byju's clutches, Great Learning turns a new leaf
Months after slipping into the hands of Byju’s lenders, Great Learning is back in the black, mapping out an ambitious new ...
Your Story13d
SC sets aside NCLAT ruling that halted BYJU’S’ insolvency proceedings
The apex court directed the Board of Control for Cricket in India to deposit the Rs 158 crore settlement amount into the ...
The New Indian Express on MSN5d
Crisis-hit Byju’s students, tutors in the lurch
BENGALURU: Thousands of edtech firm Byju’s tutors and students are clueless about their future and so are their parents who ...
SC revokes Byju’s settlement with BCCI, revives insolvency proceedings
The court said that all parties and creditors could approach the Committee of Creditors (CoC) to pursue the remedies ...
Byju's & Ola Electric's failures hold key lessons for Indian startups
Growth shouldn't be the only goal for the hottest young companies that have scaled up quickly. What's needed is stronger ...
SC puts aside the NCLAT approval of Byju’s – BCCI ₹158 Cr settlement
An earlier decision by the National Company Law Appellate Tribunal (NCLAT) that authorized a ₹158 crore settlement between ...