Legally Bharat

NCLT questions Byju’s RP over CoC reconstitution and governance issues amid insolvency, ET LegalWorld

The Bengaluru bench of the National Company Law Tribunal (NCLT) on Wednesday questioned Byju’s insolvency resolution professional (RP) Pankaj Srivastava on his involvement in both the reconstitution of its committee of creditors (CoC) and the board meeting of Byju’s subsidiary Aakash Institute. “One IA (interlocutory application) was filed to inform us about the initial constitution […]