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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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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?
It's still there? I thought they were in palm beach, Dubai
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.
Heard that there has been some senior management connect, where in due to financial constraints & lack of new round of funding. Some folks will be asked to leave. This is a complete 360 from the conversation they had in Mar’23 where in ...