BYJU's-EY Case Latest Update: EY manipulated edtech firm BYJU's CIRP process, claims whistleblower
The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency.
Mint20d
Twist in Byju’s tale: resolution professional change pushed to March amid objections
The company’s bankruptcy proceedings stem from a default on 16 June 2024, on a ₹158 crore payment to the Board of Control for Cricket in India (BCCI) for the firm’s sponsorship of the Indian ...
ETtech Explainer: Edtech company Byju’s legal woes take new turn
Just when things seemed to be going the way of the embattled edtech firm, a Supreme Court ruling in October last year overturning the NCLATs order to end the insolvency proceedings heralded fresh ...
"I Am The Byju Of BYJU'S": Fallen Ed-Tech Start-Up's Founder's Big Charge
Byju Raveendran claimed that he had gathered "conclusive evidence of criminal collusion" by the three entities.
Mint25d
Byju’s insolvency: Brothers move court to keep creditors away from ₹158 cr settlement
The Bengaluru bench of the National Company Law Tribunal (NCLT) had on 10 February directed BCCI to submit the ₹158 crore settlement plea to the CoC for approval to facilitate Byju’s exit from ...
Inc426d
BYJU’S Suspended Resolution Professional Alleges Pressure To Rope In EY
BYJU’S suspended resolution professional accused Khaitan & Co of strong-arming him to appoint EY as process advisor for probe ...
inc4225d
BYJU’S Insolvency: NCLAT Quashes Plea To Block CoC From Reviewing BCCI Application
NCLAT has refused to grant interim relief to BYJU'S suspended director Riju Ravindran, who sought to block the edtech company’s committee of creditors (CoC) from reviewing BCCI’s application ...
Byju Raveendran on EY’s role in insolvency: ‘No escape for those involved’
Byju Raveendran, CEO of Byju’s, asserts that new evidence submitted in court reveals EY India’s significant role in collusion ...
The Financial Express24d
No interim relief for Byju’s as NCLAT rules Rs 158 crore settlement with BCCI to fall under CoC review
Riju, the younger brother of Byju’s founder Byju Raveendran, argued that the settlement with the Board of Control for Cricket in India (BCCI) had been finalised before the CoC was constituted.