Page 3 of Byjus

byjus, byju, byju crisis, nclt, resolution professional, ibbi, byjus insolvency

NCLT orders disciplinary action against Byju’s Resolution Professional, reinstates key creditors to CoC

The tribunal has directed the Insolvency and Bankruptcy Board of India to investigate the resolution professional’s conduct, noting actions intended…

January 30, 2025 01:00 IST

byjus, education, employee, BCCI, employee claims, Aditya Birla Finance industry, edtech,

Byju’s employee claim hits Rs 177.5 crore

Employees who don’t find their names in the current list have been advised to send a reminder email to the…

January 11, 2025 01:45 IST

Byju’s, edtech, education, career, entrepreneurs, investor, edtech sector

Newsmakers of 2024: Byju Raveendran, co-founder & CEO, Byju’s

For startups, Byju’s serves as a cautionary tale emphasising the importance of sustainable growth, transparency, and delivering genuine value.

December 28, 2024 05:45 IST

Byjus, Byjus news, Byjus latest news, NCLT, BCCI, Raveendran Byju, Edtech

Googly from BCCI: Breather for Byju’s?

BCCI’s contention is the non-payment of Rs 158 crore by Byju’s towards the branding of jerseys of the Indian cricket…

November 24, 2024 21:55 IST

Byju, GST, Glas Trust Company LLC, BCCI, Insolvency and Bankruptcy Code, IBC, CIRP, education

Byju’s US arms face Rs 250-crore GST notice

A three-judge bench had held that there was “grave deviation from procedure” in bringing the case to the NCLAT itself…

November 15, 2024 21:50 IST

Byjus, BCCI, Investor, Glas Trust Co LLC, NCLT, Market

Byju’s worth is zero today as investors threw it under the bus: Raveendran

The National Company Law Tribunal (NCLT) on June 16 ordered initiation of insolvency proceedings against Byju’s, on a BCCI petition…

October 18, 2024 05:15 IST

The approval of the EGM proposals paves the way for Think & Learn Private Limited, the parent company of BYJU'S, to issue fresh shares.

Byju: Battling against odds of 1 in a million on why he does not owe USD 1.2 billion

Byju’s argued that speeding up the loan repayment and taking legal action were invalid because it hadn’t defaulted on the…

September 22, 2024 12:31 IST

Byju’s ‘borrows’ funds to pay salaries in part

In an email sent to teachers, reviewed by FE, Raveendran acknowledged the long-standing delays in salary payments and issued an apology…

September 22, 2024 05:45 IST

Aakash lays off 100 employees; company says introducing new business models

Several long-time employees, some with over four years of service, were also laid off in the past few weeks, according…

September 19, 2024 02:30 IST

Byju’s employee claims surpass Rs 300 cr mark

This figure is more than three times the Rs 100 crore amount that Byju’s had previously acknowledged as outstanding employee…

September 7, 2024 00:45 IST

Byju assures employees of speedy resolution, says he’s not a fugitive, will raise personal debt if required

Raveendran explained that a temporary stay by the Supreme Court on bankruptcy case has hindered the company’s ability to access…

August 21, 2024 00:05 IST

SC stays NCLAT order on Byju’s-BCCI settlement

The SC on Wednesday prima facie termed the NCLAT verdict as “unconscionable” and stayed its operation while issuing notices to…

Updated: August 15, 2024 08:14 IST

byjus, byju raveendran, byjus case, byjus egm, industry

Solving the Byju’s question: Is there sunrise after sunset?

Byju Raveendran, who is facing his most challenging life test, to his credit is already proving he is learning life…

August 11, 2024 18:42 IST

NCLAT sets aside insolvency plea against Byju’s; approves edtech firm’s settlement with BCCI

The appellate tribunal also dismissed the allegation of round-tripping levelled by Byju’s US-based lenders, saying they failed to provide any…

August 3, 2024 06:00 IST

The creditor alleges that the repayment is tainted and funded with misappropriated money, citing findings from a US court that Byju and Riju conspired to siphon over Rs 500 crore.

Byju’s, cricket board reach settlement

However, the settlement faces opposition from a US-based financial creditor, Glas Trust, represented by senior advocate Mukul Rohatgi.

July 31, 2024 21:14 IST

BCCI hints at settlement talks with Byju’s

When the hearing on the plea filed by Byju’s promoter against insolvency proceedings started at the NCLAT, Solicitor General Tushar…

July 31, 2024 03:50 IST

Byju's Insolvency Case: During the brief hearing, Raveendran's counsel expressed willingness to settle the dues through Riju Raveendran, Byju’s brother and a Think and Learn promoter.

NCLAT Chennai Judge recuses from Byju’s insolvency case citing conflict of interest

BYJU’s NCLAT Case:Justice Sharad Kumar Sharma steps down from hearing Byju Raveendran’s plea, citing previous legal representation for the BCCI.

July 29, 2024 18:22 IST

Raveendran's letter to the shareholders comes ahead of an extraordinary general meeting on Friday.

QIA’s appeal to freeze Raveendran’s assets adjourned to August 26

Byju’s has appealed its admission into CIRP at the National Company Law Appellate Tribunal (NCLAT), with the hearing scheduled for…

July 26, 2024 02:20 IST

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