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

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 ...