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?
What is even happening there? As per newspaper article from today
So after dodging many bullets Byju's finally goes to Insolvency Trial.
Does anyone have any news of what's happening inside the company?
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.