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Byju's gets Karnataka HC relief on EGM resolutions | Business News

The HC has allowed EGM to go ahead as scheduled. ....

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Karnataka HC refuses to stay Byju's EGM on Feb 23

Karnataka high court on Wednesday refused to stay an emergency shareholder meeting called by select investors of Think and Learn Pvt Ltd the owner of Byju s to oust the company s Founder and CEO Byju Raveendran and his family from the leadership in the edtech firm.

Byju s had approached the Karnataka HC seeking a stay on the EGM but the court only gave an interim relief that any resolution passed at the EGM on Friday cannot be implemented before the next court hearing.

It is further submitted that the conditions for convening the Extraordinary General Meeting (EGM) are not complied and no notice is issued as contemplated under Section 100 (3) of the Companies Act 2013, the court order said. ....

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Registered Capital in China: New Rules for Shareholder Payment Terms

Companies established before the new company law comes into effect will have three years to adapt to new rules on registered capital in China. ....

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Can BYJU's CEO Keep Control? Investors Push for Voting Rights Amid Governance Concerns

Can BYJU's CEO Keep Control? Investors Push for Voting Rights Amid Governance Concerns
techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.

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Summary: RBI's draft framework for SROs for banks, NBFCs

Summary: RBI's draft framework for SROs for banks, NBFCs
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