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RIJU RAVINDRAN NCLT
Riju moves NCLT against TLPL's CCD agreement with Glas subsidiaryThe agreement was inked to raise finance to participate in the ongoing rights issue of Aakash Educational Service Pvt Ltd (AESL) after Glas...
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...
Riju Ravindran moves NCLT, alleges GLAS Trust has no authorisation to represent its US-based lendersIn his petition, Ravindran has alleged that GLAS Trust has "fraudulently represented itself to be a financial creditor" and has requested 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...
NCLT approves Shailendra Ajmera as new resolution professional of Byju’s parent firmEarlier, the tribunal directed the committee of creditors (CoC) to submit its recommendation on the appointment of a new RP after the NCLT ...
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’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...
NCLAT adjourns Byju’s case hearing to Oct 1On August 14, the Supreme Court revived the insolvency case against Byju's, overturning National Company Law Appellate Tribunal (NCLAT) dec...
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 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...
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 investors file SC caveats on rights issueThe four investors - Prosus, Sofina SA, Peak XV Partners Investments, and General Atlantic Singapore TL Pte Ltd - have filed separate cavea...