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
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...
25 Feb, 2025, 05.47 PM IST
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...
19 Feb, 2025, 07.43 PM IST
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...
07 Feb, 2025, 06.58 PM IST
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...
06 Feb, 2025, 01.58 PM IST
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...
20 Aug, 2024, 08.58 PM IST
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...
15 Aug, 2024, 06.44 AM IST
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...
02 Aug, 2024, 08.21 PM IST
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...
02 Aug, 2024, 08.31 AM IST
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...
01 Aug, 2024, 01.23 PM IST
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...
31 Jul, 2024, 09.21 PM IST
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 ...
05 Jun, 2024, 07.53 PM IST
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...
22 May, 2024, 08.20 PM IST
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...
04 Jul, 2023, 08.30 PM IST
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...
19 May, 2023, 07.55 AM IST
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...
01 Oct, 2021, 10.24 AM IST