Just in : Look out notice against Byju

I need urgent help with an issue I'm facing with Byju's. Despite sending multiple emails to the off-boarding team, I have not received my relieving and experience letters. These documents are crucial for my onboarding process with a new organization, and the delay is affecting my employment status. I kindly request Byju's to expedite the issuance of these documents. Any assistance or leads on how to resolve this would be greatly appreciated. Thank you in advance for your help

Lookout notice issued again by ED for FEMA investigation

With ED issuing lookout notice for the founder, is this how Byju's will go down?? Things have not been looking up for the decacorn startup since last year, but with rights issue being fully subscribed, there was hope that things might take a turn for the better. With EGM this Friday to ouster the CEO and his family from board and ED lookout notice just prior to it, is this the end of the road for the maverick founder??

- Byju's auditor BDO (MSKA & Associates) has resigned, citing lack of transparency and pending legal issues. - The resignation letter highlighted inadequate support from Byju's management in providing necessary audit information. - Byju's co-founder Byju Raveendran called the resignation a blackmail tactic, claiming compliance with all auditor requests. - BDO requested a forensic audit after Byju's admitted insolvency in July and mentioned loss of control over some subsidiaries. - This marks the second auditor resignation in 15 months, following Deloitte's exit last year over delayed financial statements. Source: [Entrackr](https://entrackr.com/2024/09/byjus-auditor-resigns-over-lack-of-transparency-founder-cries-foul/)

NCLT has frozen Byju's bank accounts. A big blow not to Byju's, but to those waiting for salaries and payouts. This process usually takes petitions in court to resolve and isn't straightforward. https://timesofindia.indiatimes.com/business/india-business/fresh-trouble-for-byjus-as-nclt-blocks-rights-issue/articleshow/110979870.cms

1.EGM meeting starts at 9 am 2.Allegedly Byju/pro Byju supporter leaked the zoom call meeting. 3.Random folks joined the meeting. 4.Whistles, hooting and sharp noises for next 45 mins. 5.Participants are asked to leave: They bombard chat with “we want byjus sir”, “byju is the heart of the company” 6.Meeting gets called off 7. 4 key investors file a suit at NCLT at 1 pm

What is even happening there? As per newspaper article from today https://www.thehindubusinessline.com/companies/byjus-hasnt-paid-pf-money-for-months-show-epfo-data/article67008329.ece/amp/

Arjun Mohan will be Byjus new CEO