Tag: Byju's crisis

Byju’s suspended RP, former promoters move appellate tribunal NCLAT

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Byju’s suspended RP, former promoters move appellate tribunal NCLAT

Now matter has been referred to the Chairperson of the appellate tribunal, who will assign this matter to a new bench. File | Photo Credit: Reuters Former Resolution Professional of insolvency-bound edtech firm Byju’s has moved appellate tribunal NCLAT challenging disciplinary action recommended against him by the Bengaluru bench of NCLT. Besides, former promoters of…

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NCLT directs disciplinary proceedings against Byjus’ resolution professional

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NCLT directs disciplinary proceedings against Byjus’ resolution professional

Image used for representative purpose only. | Photo Credit: Reuters The National Company Law Tribunal on Wednesday (January 29, 2025) ordered a disciplinary proceeding against Byjus’ resolution professional and nixed his direction to exclude Glas Trust and Aditya Birla Finance from the edtech’s Committee of Creditors. Passing an order, the Bengaluru bench of the National…

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Business

Byju’s Shuts All Offices Except HQ, Asks 14,000 Employees To WFH: Report

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Byju’s Shuts All Offices Except HQ, Asks 14,000 Employees To WFH: Report

Byju’s has asked about its14,000 employees to work from home (File) New Delhi: Edtech firm Byju’s has asked its14,000 employees to work from home as it vacated all its offices except the headquarters in Bengaluru amid the ongoing crisis.  Sources told the NDTV Profit that except for IBC Knowledge Park in Bengaluru – where over…

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