Articles for tag: Byju, Byjus, Control, Court, Disputes, Founder, Halts, insolvency, Jeopardy, NCLAT, placing, Raveendrans, Relief, Struggles, Supreme

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Byju’s struggles as the Supreme Court halts NCLAT relief, placing founder Byju Raveendran’s control in jeopardy amid insolvency disputes.

Byju’s struggles as the Supreme Court halts NCLAT relief, placing founder Byju Raveendran’s control in jeopardy amid insolvency disputes.

The Supreme Court has reserved its ruling on a US firm’s appeal against the NCLAT decision that halted insolvency proceedings for Byju’s, the prominent ed-tech company. The court is maintaining the current status until it issues its judgment, preventing any creditor meetings related to Byju’s case in the meantime. Previously, the NCLAT had provided Byju’s ...

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Elon Musk clashes with Justice de Moraes after Brazil’s court halts X, calling the judge an “evil dictator” amid fines.

Elon Musk clashes with Justice de Moraes after Brazil’s court halts X, calling the judge an “evil dictator” amid fines.

Elon Musk’s social media platform, X, and his satellite company, Starlink, had their bank accounts unfrozen by Brazil’s Supreme Court after settling over $3 million in fines. The court had previously ordered the accounts frozen when Musk failed to comply with instructions to remove accounts spreading false information. Justice Alexandre de Moraes, who made the ...

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A Kenyan court halts Adani’s 30-year airport lease amid constitutional challenges, sparking dramatic controversy over public funds and governance.

A Kenyan court halts Adani’s 30-year airport lease amid constitutional challenges, sparking dramatic controversy over public funds and governance.

A Kenyan court has halted a government agreement that would allow India’s Adani Airport Holdings Ltd. to manage Nairobi’s main airport for 30 years. This legal decision comes as concerns arise over whether leasing Jomo Kenyatta International Airport (JKIA) to a private entity aligns with Kenya’s constitutional principles regarding good governance and accountability. Critics argue ...

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