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BYJU RAVINDRAN
EY-backed RP sues Byju’s Dubai-based marketing agent for Rs 1,597 croreThink and Learn, facing insolvency, is suing Dubai-based More Ideas General Trading for Rs 1,597 crore over alleged unpaid dues. The lawsui...- Byju’s RP’s suit claims directors owe compensation to company under IBC lawsAn EY-backed resolution professional, Shailendra Ajmera, has sued former Byju's directors. The lawsuits claim fraudulent asset transfers. T...
- BCCI, Riju Ravindran challenge NCLT order on insolvency resolutionSenior advocate CK Nandakumar, representing the cricket board, said the settlement with the edtech company was reached before the CoC was f...
- Byju's legal battles: US court ruling, new RP and whistleblower claimsThe US Bankruptcy Court found Byju’s suspended director, Riju Ravindran, founder Byju Raveendran, hedge fund Camshaft Capital Fund, and par...
- US court finds Byju Raveendran, Think & Learn, company directors guilty of fraudAs per the lenders' statement, the court confirmed that several fund transfers from Byju’s Alpha were fraudulent and constituted theft. It ...
- NCLT defers appointment of new resolution professional for Think & LearnThis follows the NCLT finding lapses in the resolution professional Pankaj Srivastava’s conduct and seeking disciplinary proceedings agains...
- No stay on NCLT order for CoC vetting of BCCI-Byju’s dealRavindran moved the appellate tribunal to block the CoC from taking up an application filed by the Board of Control for Cricket in India (B...
- NCLT ordered to decide on BCCI withdrawal plea in Byju’s case within a weekThe appeal was filed by Byju’s suspended director Riju Ravindran against the non pronouncement of the order on the withdrawal application b...
- NCLAT member recuses from hearing appeal in Byju’s caseThe matter is now before NCLAT Chairperson Justice Ashok Bhushan to appoint a new bench for hearing the company's appeal. On January 8, the...
- Byju Raveendran vows to pay staff salaries once he regains control over accountsAccording to the founder of the troubled edtech firm, loss of control over the company’s accounts following SC staying NCLAT’s decision has...
- Byju’s vs BCCI: SC stays NCLAT order that set aside insolvency case against edtechEarlier, US-based Glas Trust, which represents some lenders of a Byju's group company, had filed an appeal before the Supreme Court challen...
- Byju's averts insolvency proceedings as NCLAT allows settlement with BCCIByju's had signed a jersey sponsorship agreement with BCCI in March 2019 for three years, which was extended by a year. The company made th...
- Riju Ravindran to settle BCCI dues from personal funds: counselThe NCLAT had asked Byju's counsel to give an undertaking on the source of the funds. Advocate Puneet Bali said funds from the settlement a...
- Byju’s ex-director Riju Ravindran fined $10,000 a day over missing $533 millionAfter imposing the sanctions on Riju Ravindran, US Bankruptcy Judge Brendan Shannon also rejected a request to put the US debt fight on hol...
- Byju’s founders tell NCLAT they settled BCCI arrearsEmbattled edtech startup Byju's and the Board of Control for Cricket in India (BCCI) have arrived at a settlement, a lawyer said on Wednesd...
- Byju’s lenders petition to put subsidiaries in bankruptcy in the USCreditors led by HPS Investment Partners filed involuntary Chapter 11 cases in Delaware against Neuron Fuel Inc., Epic! Creations Inc. and ...
- US court says Riju Ravindran’s testimony “lacks credibility”, imposes penalty: Byju’s lender groupAn Indian tech firm, Think & Learn Pvt, faces penalties for concealing $533 million from lenders. Riju Ravindran, a director, failed to loc...
- Byju’s promoters have sold shares worth $408.53 million since 2015: PrivateCircle“Byju's promoters have put the entire secondary sale proceeds back into the business to scale it up further over the years,” a spokesperson...
- Byju’s Alpha accused of hiding $500 million from lendersLenders accused one of India’s hottest tech companies, Byju’s Alpha, of hiding $500 million as part of a fight between creditors and the se...
- Byju's Raveendran now richer than Rakesh Jhunjhunwala, Anand MahindraByju Raveendran & family’s wealth stood at Rs 24,300 crore, according to the IIFL Wealth Hurun India Rich List 2021. This makes them the 67...
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