The big 4 investors in Byjus – who raised allegations of siphoning off funds and mismanagement by Raveendran in NCLT – have now knocked on the doors of the SC. The move to the apex court comes at a time when SC is hearing an insolvency plea against edtech company, filed by a consortium of…
Investors such as Dutch technology investor Prosus have previously accused CEO Byju Raveendran of mismanagement. 1 min read Last Updated : Aug 27 2024 | 5:11 PM IST Foreign investors in Indian education technology company Byju’s, including General Atlantic, have urged the country’s Supreme Court to hear their concerns as judges decide on the…
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Byju’s founder Byju Raveendran | Credit: Reuters Foreign investors in Indian education technology company Byju’s, including General Atlantic, have urged the country’s Supreme Court to hear their concerns as judges decide on the future of the company which is undergoing insolvency, a legal filing shows. Once a darling of global investors, valued at $22 billion in 2022,…
Caribbean countries are turning to the International Court of Justice to clarify the financial responsibilities of major polluters for climate-related damages, hoping to break the cycle of debt caused by increasingly destructive hurricanes. Natricia Duncan reports for The Guardian. In short: Caribbean islands are pressing the ICJ to issue an opinion that could hold major…
Yes Bank appoints Sumit Bali as country head of retail assets and debt management People Matters Read the original article here
Caribbean countries are turning to the International Court of Justice to clarify the financial responsibilities of major polluters for climate-related damages, hoping to break the cycle of debt caused by increasingly destructive hurricanes. Natricia Duncan reports for The Guardian. In short: Caribbean islands are pressing the ICJ to issue an opinion that could hold major…
General Atlantic, Prosus ask India top court to hear their concerns in Byju’s insolvency Reuters India Read the original article here
Foreign investors in Indian education technology company Byju’s, including General Atlantic, have urged the country’s Supreme Court to hear their concerns as judges decide on the future of the company which is undergoing insolvency, a legal filing shows. Once a darling of global investors, valued at $22 billion in 2022, Byju’s became popular by offering…
Yongnam Holdings Limited (SG:AXB) has released an update. Yongnam Holdings Limited and its subsidiary, Yongnam Engineering & Construction, have been officially wound up by the High Court of Singapore as of 23 August 2024. The Court has also released the judicial managers from liability, and appointed liquidators from KPMG to manage the closure process. These…