Articles for tag: Audit, Auditor, BDO, Byjus, Companys, Dramatically, Faces, forensic, insolvency, Plunges, Resigns, Triggering, Turmoil

Market News

Byju’s faces turmoil as auditor BDO resigns amid insolvency, triggering a forensic audit, while the company’s value plunges dramatically.

Byju’s faces turmoil as auditor BDO resigns amid insolvency, triggering a forensic audit, while the company’s value plunges dramatically.

Byju’s, the Indian edtech giant, is facing significant challenges as its auditor, BDO Global, has resigned amid ongoing insolvency proceedings. The company claims it could not provide the requested documents because its board is currently suspended due to these proceedings. Byju’s has requested a forensic audit of BDO’s resignation, which was ordered by an insolvency ...

Market News

Byju’s faces turmoil as auditor BDO resigns amid insolvency, triggering a forensic audit, while the company’s value plunges dramatically.

Supreme Court delays insolvency proceedings against Byju’s amid disputes over a ₹158.9 crore settlement with BCCI, fueling financial drama.

The Supreme Court has agreed to hear an appeal from Glas Trust Company LLC, a US creditor, regarding a recent NCLAT judgment that paused insolvency proceedings against Byju’s, the prominent ed-tech firm. This decision comes after NCLAT approved a Rs 158.9 crore settlement with the BCCI over outstanding sponsorship payments. Byju’s lawyers argue the petition ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto