The investors in Byju’s had sought an injunction against the sale of shares of Aakash Educational Service by citing a default in payment of a loan of over Rs 11,000 crore obtained from US lenders.
BYJU'S lenders move NCLT : The Tribune India tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
BYJU'S USD 1.2 billion Term Loan B lenders move NCLT devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Byju's lenders win fight over $1.2 billion loan default, control of unit business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Lenders to Byju's, once one of India's hottest tech startups, properly cited a default on a $1.2 billion loan when taking over control of a unit of the education-technology provider, a Delaware judge concluded.