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RIJU RAVEENDRAN
Byju's insolvency: NCLAT sets aside BCCI and Riju Raveendran's plea for settlementAppellate tribunal NCLAT has dismissed appeals from BCCI and Riju Raveendran over Byju's settlement, upholding the NCLT's order to consider...
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 ...
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 ...
Supreme Court sets aside NCLAT ruling on Byju's settlement with BCCIA bench headed by Chief Justice of India DY Chandrachud said there were procedural lapses in the settlement process, which happened without...
SC questions NCLAT verdict approving settlement of BCCI claim of Rs 158.9 crore by Byju'sThe bench, which will resume the hearing on Thursday, hinted that it send the case back to the insolvency appellate tribunal for fresh adju...
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 Raveendran files caveat before Supreme Court against creditor Glas Trust CompanyByju Raveendran submitted a caveat to the Supreme Court after an NCLAT decision restored the edtech firm’s board, despite Glas Trust’s oppo...
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...
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...
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...
Unable to process salaries because of investor dispute: Byju Raveendran to staffIn an internal memo, he blamed a select few investors, and added that the amount raised through the rights issue is locked in a separate ac...
Investors move NCLT against Byju’s; file oppression, mismanagement lawsuitA group of four investors of Byju's – led by Prosus – has sought the present management to be declared as unfit to run the company and appo...
Byju’s EGM: Sharp noises, ‘phishing’ attack delay cloud investor-led meeting to oust CEO RaveendranThe EGM has been called by a group of investors who are seeking to remove founder Byju Raveendran, his wife and brother from the board. The...
Byju's shareholders to vote on resolution to ouster CEO, family on FridayHowever, the outcome of the vote at the extraordinary general meeting (EGM) will not be applicable until March 13, when the Karnataka High ...
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...