PerkyWalrus
PerkyWalrus

It's still there? I thought they were in palm beach, Dubai

DancingLlama
DancingLlama
Uber6mo

+1 on this,

last I heard they were not paying the salaries of employees so government froze their bank accounts and the whole board got kicked out.

FluffyDonut
FluffyDonut

Not in verge , they are. Ex employee like me is struggling to get form 16, the most fatherless behaviour they did was, deducting tax from my salary and not paying to tax department.

FluffyDonut
FluffyDonut

That’s not it , i have to pay tax for those salary which is non exist( account mein aya ho nahi) but uska pf aagaya.
I will blame the ceo and his wife only. They are the only mastermind who ran the company down.

GroovyCupcake
GroovyCupcake

@Narddawg_cornell sad. Yes i read that they did not deposited TDS.

PeppySushi
PeppySushi

4 saal ne kya se kya ho gaya. Need a documentary TBH

DancingLlama
DancingLlama
Uber6mo

company culture, employee harassment and running on parent’s FOMO.

once a relative tried checking out the platform for his daughter, He legit got calls for next 6 months. The person on the call used to lecture him about not being serious about his daughter’s future.

WobblyUnicorn
WobblyUnicorn

Inevitably. Happening sooner than expected.

GroovyQuokka
GroovyQuokka

What will happen for those who they owe money? Lets say upto 1 crore. Will they pay at and then shutdown?

GroovyCupcake
GroovyCupcake

@PataPosterNiklaHero IBC code lists down the creditors on the basis of priority. So as per this list employee salary comes second priority after paying for liquidation expenses.

WigglyTaco
WigglyTaco

You love to see it

SleepyPanda
SleepyPanda

Good

JumpyWaffle
JumpyWaffle

So many friends worked there once upon a time. Most have left now already. It’s really very sad

SqueakyBagel
SqueakyBagel

These fraudester needs to be punished simply shutting down is not done these m*f **** didn’t give my reliving and experience letter whichbis creating a lot of issues

SillyJellybean
SillyJellybean

Case study for MBA?

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Curated from across
Indian Startups
by DerpyTacoProgram Manager

Byju's & Insolvency ❌

So after dodging many bullets Byju's finally goes to Insolvency Trial.

Does anyone have any news of what's happening inside the company?

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