Judge Says Byju’s Official Broke Duty to Lenders by Hiding Cash
A top official of Indian tech firm Byju’s violated his fiduciary duty to lenders by wrongly hiding $533 million from them, ...
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BYJU’S Vs TLB Lenders: US Bankruptcy Court Rules In Favour Of Creditors
A US bankruptcy court has ruled in favour of the lenders of BYJU’S in connection with a case involving alleged fraudulent ...
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BYJU’S Insolvency Saga: Shailendra Ajmera Appointed New IRP
The Bengaluru bench of NCLT has appointed Shailendra Ajmera as the new insolvency resolution professional of troubled edtech ...
US court finds Byju's founder, parent firm, directors guilty of defrauding lenders
According to the lenders' statement, the court confirmed that several fund transfers from Byjus Alpha were fraudulent and ...
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US bankruptcy court says BYJU’S, Riju Ravindran, Camshaft defrauded lenders
Judge John TDorsey of the US Bankruptcy Court for the District of Delaware granted a summary judgment in favour of BYJU’s ...
Byju's case: Delaware court finds Riju Ravindran and others responsible for defrauding lenders
BENGALURU: The Delaware Bankruptcy Court has issued a summary judgment in favour of lenders and against Riju Ravindran ...
Byju Raveendran seeks probe into alleged EY-Glas Trust collusion
According to Raveendran, he and several employees of the bankrupt edtech firm received a document with conclusive evidence of ...
Byju Raveendran alleges criminal collusion involving EY India, GLAS, IRP
Raveendran alleges he and employees received proof of criminal collusion involving EY India, GLAS Trust, and the IRP, urging ...
Should have been here sooner, but was busy saving everything I built: Byju Raveendran
Raveendran also alleged that he, along with several of his employees, has received a document with “conclusive evidence” of ...
US Bankruptcy court finds Byju’s, Riju Ravindran, and Camshaft Capital liable for fraud
Judge John T Dorsey of the U.S. Bankruptcy Court for the District of Delaware found that the defendants engaged in a ...
U.S. Bankruptcy Court Finds Riju Ravindran, Camshaft Capital, and Think & Learn Responsible for Defrauding BYJU’s Alpha and Its Lenders
The steering committee of the ad hoc group of term loan lenders (the "Lenders") of the $1.5 billion Term Loan B (the "Term Loans") provided to BYJU’S Alpha, Inc. ("BYJU’s Alpha"), a Delaware special ...
Twist in Byju’s tale: resolution professional change pushed to March amid objections
Byju’s insolvency battle has taken a fresh turn as a new resolution professional steps in. With creditors and former ...