India’s top court has put on hold a tribunal ruling that halted Byju’s insolvency proceedings — a win for U.S. creditors that are seeking to recover $1 billion from the once-celebrated edtech startup.
The suspended directors of embattled edtech firm Byju’s have approached the bankruptcy appeals court to prevent its creditors ...
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 ...
Troubled edtech firm Byju’s app has been taken down from the Google Play Store due to disruptions in payments for its services, according to sources familiar with the matter. However, other apps from ...
The US court observed that there was an actual fraudulent transfer of $533 Mn to BYJU’S-owned entity Camshaft The bankruptcy court also directed the lenders and BYJU’S to submit a “joint proposed ...
Firm was once valued at $22 bln in India Fall seen as setback for employees, startup sector Employees weigh legal options, protests Lenders' dispute triggered insolvency case BENGALURU/NEW DELHI, Aug ...
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A US judge refused to block a debt payment designed to free Byju’s from an insolvency case in India, telling American lenders to take their complaints about the transaction to a court in the home ...
Pankaj Srivastava alleged that Khaitan & Co officials threatened to malign his image as insolvency officer if he appointed anyone but EY as process advisor in the insolvency procedure against BYJU’S ...
Byju Raveendran, the founder of Indian tech firm Byju’s, tried to convince a Nebraska businessman to leave the US in order to avoid testifying in federal court about suspicious activities he observed ...
When Indian education-technology company Byju’s was ordered last year to freeze over $500 million as part of a U.S. court battle with its lenders, it said the funds were safely within the business.
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