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Nov 12, 2024 · Two money-making education apps that are part of the troubled Byju’s software empire were wrongly transferred away from US lenders and must be returned to a court …

The CoC has proposed the appointment of EY’s Shailendra Ajmera, the former resolution professional of bankrupt airline Go First, as the new insolvency expert to manage Byju's affairs.

Oct 21, 2024 · In September 2024, a Delaware court placed several of Byju’s U.S. subsidiaries into involuntary Chapter 11 bankruptcy. This happened because the company failed to provide …

Oct 31, 2024 · Three US education-software companies owned by bankrupt Indian tech firm Byju’s won court permission to borrow as much as $9.5 million and give payback priority to …

The Supreme Court Wednesday ruled that the National Company Law Appellate Tribunal didn’t follow due legal procedure when it allowed a debt settlement between Byju’s and India’s …

Jul 17, 2024 · BENGALURU/MUMBAI: The National Company Law Tribunal on Tuesday initiated insolvency proceedings against edtech company Byju's parent Think & Learn following a plea …

Jul 19, 2024 · The insolvency process will likely cause vendors who provide critical services to Byju's for the upkeep of online platforms to declare a default, "leading to a total shut down of …

The committee of creditors can choose to retain employees or terminate them over the next 330 days. In the case of grounded airline Go First, they retained 2,278 employees, according to the...

Jul 16, 2024 · An Indian tribunal court on Tuesday initiated insolvency proceedings for Byju’s, once India’s most valuable startup, in response to a petition from the country’s cricket board. …

Jul 16, 2024 · Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 million in dues to the country's cricket board, a …

Jul 19, 2024 · Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total …

Mar 18, 2024 · While a US bankruptcy court ordered the arrest of a hedge fund manager on March 14, 2024, for allegedly helping BYJU’S hide $533 Mn, the edtech major shot back a day …

Feb 1, 2024 · A U.S. unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the U.S. court of Delaware, listing liabilities in the range of $1 billion …

Jul 19, 2024 · The BCCI dragged Byju’s to the bankruptcy court for default worth ₹158 crore. If creditors take over, the firm’s fate will lie in their hands. Byju’s has now appealed to an …

Jul 18, 2024 · BYJU’S plans to challenge the NCLT order and will file an appeal in Delhi to block the insolvency proceedings, but is this too little and too late?

Aug 2, 2024 · A companies’ appeals court in the southern Indian city of Chennai on Friday quashed an insolvency order issued by a lower court and ruled that Byju’s can settle the case …

Sep 18, 2024 · On August 14, 2024, the Hon’ble Supreme Court of India stayed the order of the National Company Law Appellate Tribunal (“ NCLAT ”), Chennai, which halted the insolvency …

Oct 26, 2024 · In a desperate attempt to keep the morale of its employees afloat, the company’s founder, Byju Raveendran, sent out an emotionally charged email on 20 August 2024, urging …

Feb 13, 2025 · Byju’s rise and fall: How financial mismanagement, debt, and market shifts pushed India’s EdTech giant toward bankruptcy. Byju's, a leading name in India's EdTech industry, is …