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NCLT tells Byju's to pay salaries or face audit: ‘You should be having revenues’

NCLT warned the crisis-hit company that in case employees are not made, an audit will be made by the Institute of Chartered Accountants of India.

Byju's logo is seen in this illustration.(Reuters)
Updated on Jul 04, 2024 02:05 PM IST

Byju’s employees start getting salaries after two months delay: ‘Pleased to…’

Byju’s crisis: This comes as the company is barred from using proceeds of recently floated rights issue.

Byju's crisis: The National Company Law Tribunal (NCLT) directed Byju's to keep funds received from the rights issue in an escrow account.(Reuters)
Updated on Apr 09, 2024 05:22 AM IST

Investors accuse Byju's of siphoning $533mn, seek stay on rights issue

Byju's faces allegations of transferring funds to hedge fund in the US

Investors challenge Byju's on $533M transfer, seek halt on $200M rights move(Bloomberg)
Updated on Feb 28, 2024 05:01 AM IST
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