India Business News: MUMBAI: The National Company Law Tribunal (NCLT) on Thursday refused to stay the extraordinary general meeting (EGM) called by Byju’s on March 29 to i.
Edtech company, Byju's is facing allegations from investors who claim that the company siphoned off a staggering $533 million to an obscure hedge fund in the United States.
According to a PTI report, the investors are now seeking a stay on a USD 200 million rights issue, deeming it illegal and against the law.