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Byju’s insolvency: What happens to the company now, how ex-employees can recover dues—and more
CNBC Awaaz· 22 hours agoWhile the edtech company’s logo was emblazoned on the Indian cricket cricket team’s jersey, it...
Byju's startup lesson: Don’t get carried away with winner-takes-all dreams
Livemint· 3 hours agoAs creditors await whatever money they can retrieve, the rest of us could draw lessons from the fall...
Raveendran loses control of Byju’s as NCLT admits BCCI insolvency plea - ET LegalWorld
The Economic Times· 3 hours agoOn Tuesday, the National Company Law Tribunal allowed bankruptcy proceedings to begin against the...
What you need to know about employee rights in company insolvency
CNBC Awaaz· 1 hour agoLaw experts say that when a company sets aside funds for the provident fund (PF), gratuity, and...
BCCI initiates insolvency proceedings against online tutor Byju's
Business Standard India· 2 days ago“This effectively means that founders and existing Board of Directors lose control of Byju’s,” said...
‘Greater transparency needed in insolvency proceedings to raise recovery rates’ | Mint
Livemint· 6 days agoNew Delhi: The corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy...
Byju Raveendran on the brink of losing control over his company?
Business Today· 21 hours agoNCLT has appointed an interim resolution professional to replace Raveendran, following a petition...
Mint Explainer: NCLT admits insolvency plea against Byju’s. Here’s what it means
Livemint· 2 days agoOn 16 July, the National Company Law Tribunal (NCLT) admitted an insolvency petition filed by the...
Can improve recovery rate under IBC to 40%: IBBI chairperson to RPs
Business Standard India· 6 days agoThe Chairperson of the Insolvency and Bankruptcy Board of India (IBBI), Ravi Mital, on Friday called...
Spread out IBC to make it effective
The Economic Times· 4 days agoIBC is showing up process failure at multiple levels. Low realisation through liquidation speaks of inadequate risk management by lenders. Low...