Byju's

The CoC argued that it was a necessary party as the relief sought by former Byju's director Riju Ravindran could affect its composition, functioning and past decisions

The insolvency tribunal NCLT has ordered a status quo on the assets sold by the resolution professional of Think and Learn Private Limited, the parent entity of debt-ridden edutech firm Byju's, in one of its subsidiaries. The Bengaluru-based bench of the NCLT has put a hold on any further disposal of Byju's K3 Education's assets till the next hearing on September 21 amid allegations that assets worth around Rs 150 crore were sold for just about Rs 16 crore. "The RP of TLPL (Think and Learn Private Limited) and the said newly impleaded Respondent are directed to maintain status quo in respect of the articles/equipment/assets auctioned under notice dated August 2, 2026, issued by the former, till next date," said a two-member bench. The National Company Law Tribunal (NCLT) order came earlier this week over a plea moved by the resolution professional (RP) of Byju's K3 Education, which is also facing insolvency proceedings, and Kritikal Solutions, seeking protection of the assets pendin

Bengaluru Bench directs TLPL's resolution professional and auction buyer Comprint to maintain status quo on disputed assets until the next hearing on September 21

The tribunal stayed the bidding process after Byju Raveendran and Riju Ravindran challenged the admission of a ₹11,433 crore claim by US term loan lenders

Raveendran is facing claims from foreign investors around the world, including in the US where lenders are fighting to claw back losses from a $1.2 billion loan that soured

Global lenders are in advanced talks to take a stake in Aakash Educational Services and withdraw legal action against Byju's founder Byju Raveendran

Byju’s founder Byju Raveendran has been sentenced to six months in jail by a Singapore court over alleged non-compliance with court orders linked to his assets.

Founder Byju Raveendran says settlement discussions are near conclusion and rejects what he called a misleading portrayal of the case

The edtech giant Byju's dramatic fall has been marked by debt disputes, investor revolt, layoffs and allegations linked to its $1.2 billion US loan

Byju Raveendran was ordered to serve jail time after the court said he had disobeyed multiple orders related to his assets dating back to April 2024

Today's BS Opinion examines India's regulatory hurdles, the NEET-UG crisis, rising fiscal stress from welfare promises, corporate governance failures, and China under Xi Jinping

The Supreme Court has closed Think & Learn's appeal after recording Aakash's undertaking that its 25.75% stake will remain protected until NCLAT decides a pending plea

Think & Learn, the parent of Byju's, has moved the Supreme Court challenging an NCLAT order permitting Aakash Educational Services to proceed with the second tranche of its Rs 240-crore rights issue

As Byju's and Unacademy struggle, Indian edtech firms like upGrad, Simplilearn and BrightCHAMPS expand steadily across Southeast Asia and West Asia

Court agreed that damages had not been determined and ordered a new phase to commence in early January 2026 to determine any damages related to claims against Raveendran

Think & Learn challenges Aakash Educational Services' decision to withhold shares worth ₹25 crore; NCLAT to hear the matter on December 16 amid related AWS appeals

The executives have been directed to appear on December 5 as the court examines alleged contempt involving the company's foreign assets

BCCI had initiated insolvency proceedings against the edtech platform over pending dues of Rs 158 crore

The Supreme Court on Friday dismissed a plea of Byju Raveendran, the promoter of Think and Learn Private Limited that operates ed-Tech firm Byju, challenging an NCLAT order which has mandated that the settlement of the BCCI's claim be placed before the Committee of Creditors. A bench of Justices J B Pardiwala and K V Viswanathan dismissed the appeal against the April 17 order of the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) and asked senior counsel Navin Pahwa, representing Raveendran in the matter, to proceed further. In its April 17 order, the NCLAT said the approval of the Committee of Creditors (CoC) was necessary for the application filed by the Board of Control for Cricket in India (BCCI) to withdraw the insolvency proceedings against Byju's. 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. Justice Pardiwala aske

AESL has held back Think & Learn's share allotment in its ₹100-crore rights issue, citing concerns over FEMA, ECB and Companies Act compliance