StartupsInc42about 3 hours ago
NCLT Stays BYJU'S Insolvency Bidding Process
2 min read
The NCLT stayed BYJU'S parent Think & Learn's insolvency bidding process until August 31. The order followed a petition by cofounders Byju and Riju Raveendran challenging a ₹11,433 Cr claim from US term loan lenders. The tribunal directed the IRP not to issue Form G for bids.
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