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GLAS TRUST CHALLENGE
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- BYJU's parent Think & Learn challenges Aakash rights issue in Supreme CourtThink & Learn, the parent company of BYJU's, has approached the Supreme Court. They seek to stop Aakash Educational Services from moving fo...
- SC rejects Byju’s lender's plea; clears path to Rs 240-crore rights issueThe Supreme Court dismissed petitions by Think & Learn’s resolution professional and Glas Trust, challenging Aakash Educational Services to...
- Supreme Court rejects Glas Trust, Byju’s RP pleas against Aakash rights issueThink and Learn is not allowed to participate in the issuance of new shares, as it is currently facing insolvency proceedings. Glas Trust h...
- SC to hear Glas Trust's plea against Aakash Rights issueOn Monday, the Supreme Court will review a petition submitted by Glas Trust, which takes issue with Aakash Educational Services' proposed r...
- Byju's founders' threat of defamation case an attempt to distract from facts: Glas TrustGlas Trust alleges Byju's founders are attempting to deflect attention from legal setbacks with a defamation suit threat. This follows cour...
- Byju’s founders plan $2.5 billion lawsuit against Glas Trust, others for reputational damageThe lenders will be sued in Indian and overseas courts. Meanwhile, the group of lenders has filed a case in a US bankruptcy court against R...
- 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...
- “I am not a flower; I am the fire”: Byju Raveendran replies Pushpa Raj style after filing FIR against resolution professional, EY partnersByju Raveendran has filed a First Information Report. The FIR names Pankaj Srivastava, Glas Trust, and some EY employees. Raveendran allege...
- 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 founder challenges NCLT order to appoint new creditor committeeRepresenting Raveendran, senior advocate S Guru Krishna Kumar, argued that the tribunal, which found lapses in the former RP's conduct, sel...
- Byju’s-BCCI settlement: SC sets aside NCLAT order on Rs 158-crore disputeThe apex court also overturned the order that closed the insolvency proceedings against Byju’s parent Think & Learn Pvt Ltd, following the ...
- NCLAT adjourns Byju’s case hearing to November 6On September 26, the Supreme Court temporarily halted all meetings concerning Byju's insolvency proceedings, as Glas Trust, the trustee for...
- Glas Trust moves SC to challenge removal from Byju's committee of creditorsSenior counsel Kapil Sibal, appearing for Glas Trust, which have claims of around Rs 11,500 crore, told a Bench led by Chief Justice DY Cha...
- Byju's insolvency case: NCLT rejects US lenders' plea to stop CoC proceedingsThe Bengaluru bench of NCLT said it cannot stop the Committee of Creditors (CoC) meetings, as the apex court has allowed its constitution. ...
- Byju's bankruptcy: SC refuses stay on Committee of Creditors meetingA bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, however, said it will accord the final hearing...
- ETtech Explainer: What's next for Byju's after SC stays settlement deal with BCCIByju's founder Byju Raveendran is dealing with several legal disputes, including a Rs 158 crore payment issue with the Indian cricket board...
- Byju's US lenders appeal insolvency-quashing order before India's Supreme CourtUS-based Glas Trust, representing some lenders of a Byju's group company, on Aug. 7 filed an appeal before India's Supreme Court, challengi...
- Facing insolvency, Byju's hit with new challenge from lendersByju's CEO Byju Raveendran wants the insolvency quashed as his cofounder brother decided to pay the cricket board, settling the matter. Rav...
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