NCLT issues notice to Byju s on US-based loan agency s plea - Education News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The National Company Law Tribunal has sought written submissions in three days from Byju’s and its investors, who had sought a stay against the company’s $200-million rights issue
Key investors who have called for an emergency meeting on 23 February said they will go ahead with seeking CEO Byju Raveendran’s ouster, among other things
On 1 February, top investors holding a combined 30% stake in Byju’s parent Think & Learn Pvt. Ltd called for an EGM to change the leadership, reconstitute the board, and address financial management and governance issues.