Byju's looking to settle with 2 of its operational creditors
The the embattled edtech firm was exploring settlements with operational creditors Teleperformance and Surfer Technologies, Byju's lawyer told NCLT
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The the embattled edtech firm was exploring settlements with operational creditors Teleperformance and Surfer Technologies, Byju's lawyer told NCLT
Byjus has informed NCLT that it is exploring out-of-court settlements with two of its creditors.
NCLT issues notices to Byju's parent company over non-payment of dues, multiple insolvency pleas filed against the edtech giant.
Apart from Oppo, two new insolvency pleas have been filed against Byju's in the last one week. They were filed by US based publishing company McGraw Hill education and end-to-end customer experience solutions company Cogent E-services.
If the dispute is not settled by then, the tribunal would hear the case on merits and pass an order accordingly. The case will now come up for hearing on April 30.