A US bankruptcy court has ordered Byju's founder Byju Raveendran to pay over $1.07 billion, holding him personally liable for the movement and concealment of funds from Byju's Alpha, the company's ...

Byju Raveendran, the embattled founder of Indian edtech giant Byju’s, has blasted a U.S. bankruptcy court’s order directing him to pay more than $1.07 billion. He is denying wrongdoing, accusing ...

Byju's founder Byju Raveendran plans to file a USD 2.5 billion damages claim in the US, challenging allegations by GLAS Trust about the diversion of USD 533 million Alpha Funds. Raveendran denies ...

Ranjan Pai-led Manipal Education & Medical Group Pvt. Ltd. has submitted a second bid to acquire Byju's parent Think & Learn Pvt. Ltd. under insolvency, in what is seen as a move to wrest control of ...

A US court has issued a default judgement holding Byju Raveendran personally liable for repaying over USD 1 billion, based on a petition filed by BYJU's Alpha and US-based lender GLAS Trust Company ...

Founder says judgment was expedited and passed without hearing his defence; GLAS Trust accused of misrepresentation. Byju’s founder Byju Raveendran said on November 22 that he will appeal a default ...

A U.S. court has issued default judgement making Byju Raveendran liable to personally pay back over $1 billion based on the petition filed by BYJU's Alpha and U.S.-based lender GLAS Trust Company LLC.

The Kerala High Court has summoned BYJU'S Resolution Professional, GLAS Trust, and EY India Chairman to appear on December 5, ...

In its filing, MEMG certified that it meets all eligibility norms under the Insolvency and Bankruptcy Code (IBC), 2016, including compliance with Section 29A, which bars certain entities from bidding.

Simply sign up to the Indian business & finance myFT Digest -- delivered directly to your inbox. A US bankruptcy court has ordered the founder of Byju’s to pay more than $1bn in the latest stage of a ...

BENGALURU: Manipal Education and Medical Group India (MEMG) submitted an expression of interest (EoI) to participate in corporate insolvency resolution process (CIRP) of Think & Learn, the parent ...

A US bankruptcy court has instructed Byju Raveendran, founder of Byju’s, to pay more than $1 billion after finding him in default for not complying with court orders in a case involving alleged ...