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 ...