2,000 Ex-Byju's Staff Fight For Dues
'When I called the HR department, they abused me.'
Source: rediff.com
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Weekly Digest Of IBC Cases: 20th To 26th May 2024
High Court Resolution Professional Not To Be Hauled Up In Criminal Case Against Company: Kerala High Court Stays ED Notice To RP Case Title: M/s Kerala Chamber Of Commerce And Industry vs....
Source: livelaw.in
Byjus: US court pulls up Byju Ravindran's brother for not being 'truthful' on the missing $533 mn that lenders are after
An Indian tech firm, Think & Learn Pvt, faces penalties for concealing $533 million from lenders. Riju Ravindran, a director, failed to locate the funds, prompting US Bankruptcy Judge Dorsey to call his testimony dishonest. Despite no extradition treaty, fines loom. The dispute centers on creditors versus Think & Learn, embroiled in US courts.
Source: indiatimes.com
Byju's Manager Riju Ravindran Not Truthful on Missing $533 Million, Says US Judge
A director of Indian tech firm Think & Learn Pvt faces financial penalties for defying a US judge's order to find out where the troubled company stashed $533 million that jilted lenders say should go to them.
Source: ndtv.com
Judge says Byju's Manager 'not truthful' on missing $533 million
Riju Ravindran, the brother of company founder Byju Raveendran, not only failed to make a serious effort to find out what happened to the cash, but deceived the court, US Bankruptcy Judge John Dorsey said during a hearing Tuesday in Wilmington, Delaware.
Source: moneycontrol.com