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BCCI had initiated insolvency proceedings against the edtech platform over pending dues of Rs 158 crore
The top court noted that in July, it dismissed the appeals filed by the BCCI and Riju Raveendran, the younger brother Byju Raveendran and co-founder of Byju, against the same NCLAT order
Former SC judge and ex-RBI official flag possible in remittance made by edtech firm
Edtech firm's founder plans $2.5 bn defamation suit against GLAS Trust, RP
A Delaware bankruptcy court has imposed a default judgment of over $1 bn on Byju Raveendran for repeated discovery violations in the Byju's Alpha case
Byju Raveendran plans to appeal US court's expedited default judgment, denies all allegations, and says GLAS Trust misled both Delaware court and public while blocking his ability to present a defence
The judgment directed Byju to provide a full and accurate accounting of the Alpha Funds and any proceeds thereof, such as the Camshaft LP Interest, including each and every subsequent transfer
Founder, other affiliates reject allegations made in the Delaware court
Riju, a suspended director and promoter of TLPL, said the CCD (Compulsory Convertible Debenture) is drafted to look like FDI under Fema
Byju's parent company, Think & Learn Private Limited (TLPL), is currently undergoing insolvency proceedings and cannot subscribe to fresh shares
Tribunal says insolvency of Byju's cannot be used to restrict a solvent subsidiary's commercial independence as Aakash prepares for key rights issue
On October 17, 2025, the Bengaluru-based bench of the National Company Law Tribunal (NCLT) declined to grant any interim relief on the second plea filed by the insolvency-bound edtech firm Byju's
Raveendran announces plans to seek $2.5 billion in damages
The Supreme Court dismisses the appeals of BCCI and Riju Raveendran to withdraw insolvency proceedings against Byju's parent company, Think and Learn Private Limited, over unpaid sponsorship dues
The BCCI and Byju's contended Form FA, which is an application for withdrawal of Corporate Insolvency Resolution Process (CIRP), was submitted before the formation of CoC of Byju's
Glas Trust now controls Byju's Alpha, which was a special-purpose financing vehicle established by the edtech firm to receive Term Loan B funds
Education startup's creators blame financial backers for the company's collapse from $22 billion valuation to insolvency
Byju's subsidiaries Epic and Tynker were acquired by TAL Education and CodeHS for $95 million and $2.2 million after a 48-round auction, as a part of ongoing bankruptcy proceedings in the US
Aakash urges NCLT to add EY and its partner as parties in Byju's dispute, citing conflict of interest and alleging professional misconduct in corporate advisory role
BYJU'S CEO Byju Raveendran apologises for past service disruptions, pledges compensation to affected students, and outlines vision for AI-powered BYJU'S 3.0