The Karnataka High Court on Friday directed the Resolution Profession presiding over the insolvency proceedings initiated against Think And Learn Private Limited (BYJUS) to preserve all the emails or conversations between all the stakeholders in the case at hand, which would be required for the Corporate Insolvency Resolution Process.
A single judge, Justice M Nagaprasanna passed the interim order on a petition filed by Byju Raveendra. It sai,d “The only prayers that can be granted at this juncture is directing R5 to preserve all the emails or conversation between all the stakeholders in the case at hand, which would be required for CIRP or for investigation as the case would be.”
Further the court rejected the prayers made in the…