Tag: NCLT byjus inquiry

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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