After two months, Saini received a call purportedly from Byju’s Bangalore office, directing him to download an application “Rust Desk” from the Play Store and share his bank details to process the ref ...
In its April 17 order, the NCLAT said the approval of the Committee of Creditors (CoC) was necessary for the application filed by the BCCI to withdraw the insolvency proceedings against Byju's.
While Raveendran and Byju’s deny any wrongdoing and insist the funds ultimately supported the Indian parent’s operations, the ruling adds fresh strain to an already severe financial and operational cr ...
The QIA, through its subsidiary Qatar Holding LLC, alleged that the funds were used to acquire 1,78,91,289 shares of Aakash Education Services Ltd., and there was an express restriction against transf ...