Oliver Chapman, founder and chief executive of the UK-based OCI, claims that Byju’s Alpha diverted $533 million using his firm to another e...

UK-based OCI Limited claims Byju's founder Byju Raveendran "roundtripped" $533 million loaned to a US SPV for personal use. OCI's founder s...

An EY-backed resolution professional, Shailendra Ajmera, has sued former Byju's directors. The lawsuits claim fraudulent asset transfers. T...

Byju Raveendran has been trying to regain control of his capsizing education technology empire, which is under court supervision in both In...

A lawsuit in Delaware claims that Byju Raveendran's company illegally transferred nearly $700,000 from US affiliates amid bankruptcy procee...

This means the lenders can demand a full repayment from the troubled edtech firm and take control of Byju's US entity, Byju's Alpha. This i...

The Delaware Bankruptcy Court dismissed Glas Trust Company’s request to halt Byju's settlement deal with BCCI. Byju’s regained control afte...

After imposing the sanctions on Riju Ravindran, US Bankruptcy Judge Brendan Shannon also rejected a request to put the US debt fight on hol...

Creditors led by HPS Investment Partners filed involuntary Chapter 11 cases in Delaware against Neuron Fuel Inc., Epic! Creations Inc. and ...

An Indian tech firm, Think & Learn Pvt, faces penalties for concealing $533 million from lenders. Riju Ravindran, a director, failed to loc...

Byju's Alpha unit listed its assets in the range of $500 million to $1 billion, according to a court filing, which showed estimated credito...

Lenders have been pushing hard for the repayment of the $1.2 billion loan amid the company’s mounting distress after a pandemic-era boom in...

The distressed-debt lenders are “playing hardball” to create leverage in negotiations to restructure the loan and causing problems for Byju...

Think and Learn, the parent entity of Byju’s, had raised Rs 2,000 crore as a three-year loan facility from Davidson Kempner in a structured...

During the hearing, the counsel representing the defendants submitted that access and control of three bank accounts that the company uses,...

The fund transfers “did not contravene any terms of the parties’ credit agreement and the agreed-upon rights and responsibilities”, Byju’s ...

Lenders 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...