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GLAS TRUST RESPONSE
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...19 Jul, 2025, 05.38 PM IST- Udaan buys ShopKirana; Paytm Money’s new CEOB2B platform Udaan has acquired retail tech startup ShopKirana. This and more in today’s ETtech Top 5.18 Jul, 2025, 07.46 PM IST
- 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...17 Jul, 2025, 10.35 PM IST
- 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...10 Jul, 2025, 06.04 PM IST
- SC refuses stay on embattled edtech startup Byju’s insolvency caseThe Supreme Court has declined to stay the insolvency process of Think & Learn, Byju’s parent firm, despite appeals from BCCI and co-founde...29 May, 2025, 09.37 PM IST
- US lenders’ consortium files lawsuit against Byju’s founder, othersMembers of a lending consortium have sued Byju Raveendran, his wife Divya Gokulnath, and Anita Kishore, alleging they misappropriated $533 ...10 Apr, 2025, 02.48 PM IST
- NCLT orders status quo on Aakash Institute shareholding amid legal disputeThe National Company Law Tribunal (NCLT) ordered Aakash Institute to maintain the status quo on its shareholding amidst a dispute over amen...28 Mar, 2025, 11.34 AM IST
- Aakash Educational Services seeks investigation into Byju's insolvency proceedingsAakash Educational Services has approached the National Company Law Tribunal to investigate alleged discrepancies in the insolvency resolut...25 Mar, 2025, 04.36 PM IST
- 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...20 Mar, 2025, 01.03 AM IST
- Bear hug for Ola Electric, Mobikwik; Byju challenges NCLTOn Monday, Ola Electric and Mobikwik stocks suffered in an ominous sign for IPO-bound companies in 2025. This and more in today’s ETtech To...17 Mar, 2025, 07.41 PM IST
- 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...02 Mar, 2025, 11.22 AM IST
- 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 ...01 Mar, 2025, 07.04 AM IST
- Blackstone withdraws petition against Aakash Institute on changes in shareholder rightsThe company can now enforce the resolutions passed at the EGM in November last year to amend its articles of association, which would lead ...24 Feb, 2025, 10.45 PM IST
- Byju Raveendran accused of urging businessman to leave US to avoid testifyingNebraska businessman William Hailer said Byju's founder Byju Raveendran gave him a plane ticket to Dubai, to leave the country before his t...22 Nov, 2024, 01.35 PM IST
- Livspace’s reverse flip; Byju’s US lenders move SCHome decor startup Livspace is preparing to move its domicile back to India from Singapore. More on this and other updates in today’s ETtec...18 Sep, 2024, 07.42 AM IST
- Byju’s obligated to repay $1.2 billion with interest, says US lendersThe lenders say the troubled edtech company has not made any contractually due payments in over 17 months and neither founder Byju Raveendr...15 Sep, 2024, 11.30 PM IST
- Byju’s hid $533 million in hedge fund once run from a Miami pancake shop, lenders allegeIndian ed-tech company Byju's has been accused of hiding $533 million in a hedge fund founded by William C. Morton, who allegedly had no fo...13 Sep, 2023, 12.59 PM IST
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