Kerala HC directs Byju’s RP, EY India chairman, Glas Trust to appear on FridayThe order was passed on a petition filed by Voizzit Technology, which has claimed rights over Byju’s parent Think & Learn’s foreign assets,...
01 Dec, 2025, 10.29 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
US bankruptcy court says Byju’s founder failed to comply with orderThe court has further directed Raveendran to comply with the discovery orders. “Raveendran shall remit to the clerk of court the sum of $10...
10 Jul, 2025, 04.26 PM IST
Byju’s US assets Epic and Tynker sold for a songComputer science education company CodeHS has acquired Tynker for $2.2 million in cash, a significant drop from the $200 million that Byju’...
11 Jun, 2025, 07.24 AM IST
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...
18 Apr, 2025, 03.09 PM 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
Byju’s content manager, business partner face US court sanctionsLenders owed more than $1.2 billion are fighting to liquidate US education software companies that Byju’s purchased a few years ago for $82...
04 Dec, 2024, 09.09 AM IST
Byju’s affiliate drained cash from US units in violation of bankruptcy rules: lawsuitA lawsuit in Delaware claims that Byju Raveendran's company illegally transferred nearly $700,000 from US affiliates amid bankruptcy procee...
09 Oct, 2024, 08.57 AM IST
Byju’s bankruptcy ruling in US catches Indian official off guardThe decision, made at a Tuesday hearing in Delaware, will lead to involuntary Chapter 11 bankruptcy of units including Neuron Fuel Inc., Ep...
14 Sep, 2024, 10.49 AM IST
Byju’s US term-loan lenders get no seat in creditors’ committeeInsolvency resolution professional Pankaj Srivastava took this decision after concluding that Glas Trust does not represent the minimum 51%...
03 Sep, 2024, 11.15 PM IST
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...
22 Aug, 2024, 06.51 PM IST
US court nixed lenders’ plea opposing settlement with BCCI, claims Byju’sThe Delaware Bankruptcy Court dismissed Glas Trust Company’s request to halt Byju's settlement deal with BCCI. Byju’s regained control afte...
08 Aug, 2024, 07.53 PM 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 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
Byju’s lender group says US court ordered freezing $533 millionThe court, according to the lender statement, also found that founders Byju Raveendran and Divya Gokulnath are working in concert with Byju...
16 Mar, 2024, 12.30 AM IST
NCLT issues notice to Byju’s in insolvency case filed by a BPO service providerTeleperformance alleges that Byju has defaulted on payment of Rs 4.82 crore, excluding Rs 21 lakh interest to the company in lieu of busine...
07 Feb, 2024, 03.45 PM IST
Byju's US unit files for bankruptcy in DelawareByju's Alpha unit listed its assets in the range of $500 million to $1 billion, according to a court filing, which showed estimated credito...
02 Feb, 2024, 06.57 AM IST