Byju's Legal Troubles Deepen as Content Manager Faces Court Sanctions in U.S.
In a significant development for Byju's, the Indian ed-tech giant is grappling with legal issues in the United States. The company’s content manager and a business partner have come under scrutiny as a federal court considers imposing sanctions against them for failing to comply with court orders. This situation raises questions about the company's commitment to legal clarity and its future operations in U.S. markets.
Continue readingSupreme Court's Denial of Byju's Settlement Opens the Door to Insolvency Proceedings
In a significant legal development, the Supreme Court has turned down a settlement proposal put forth by Byju's, India's largest ed-tech company, amplifying concerns surrounding its financial stability and potential insolvency. This ruling marks a pivotal moment for Byju's, which has been grappling with severe financial strains and decreasing investor confidence over the recent months.
Continue reading