News & Media 31st Jan 2025

What now for Byju’s? Insolvency process faces fresh hurdles after NCLT order

Authors

Mukesh Chand Senior Counsel | Mumbai

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Edtech company Byju’s is entangled in yet another legal dispute. Following the reinstatement of its insolvency proceedings in October 2023, a new development unfolded as Resolution Professional (RP) Pexcluded two major creditors—Aditya Birla Finance and U.S.-based Glas Trust Company LLC—from the Committee of Creditors.

In this context, Business Today’s Palak Agarwal sought our Senior Counsel Mukesh Chand’s views in the story “What now for Byju’s? Insolvency process faces fresh hurdles after NCLT order”.

Tune into the story here

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