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Byju's creditors petition to put more units in US bankruptcy

Byju's creditors petition to put more units in US bankruptcy
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Why is Byju's Facing National and International Heat, Both Financially and Legally?

Yesterday, the National Company Law Tribunal (NCLT) issued notices to Think and Learn Pvt. Ltd., the parent company of Byju's, over non-payment of dues to operational creditors. ....

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Byjus: US court pulls up Byju Ravindran's brother for not being 'truthful' on the missing $533 mn that lenders are after

An Indian tech firm, Think & Learn Pvt, faces penalties for concealing $533 million from lenders. Riju Ravindran, a director, failed to locate the funds, prompting US Bankruptcy Judge Dorsey to call his testimony dishonest. Despite no extradition treaty, fines loom. The dispute centers on creditors versus Think & Learn, embroiled in US courts. ....

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