Byju Raveendran Files FIR Against EY Staff In Insolvency Case: ‘Not A Flower, I Am The Fire’

Byju’s founder Byju Raveendran has filed an FIR against former RP Pankaj Srivastava, EY employees, and Glas Trust in the company’s insolvency proceedings. (File photo) Byju’s founder Byju Raveendran has filed a first information report (FIR) naming former resolution professional Pankaj Srivastava, employees of EY, and representatives of Glas Trust, accusing them of “criminal conspiracy”…

NCLAT Upholds Liquidation of Go Airlines

The Tribunal rejected the appeal but allowed the appellant to submit a compromise and arrangement plan in accordance with Regulation 2B of the Liquidation Process Regulation The National Company Law Appellate Tribunal (NCLAT), New Delhi bench upheld the liquidation by finding that, in the absence of a compliant resolution plan, the Committee of Creditors (CoC),…