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The ad hoc group of term loan lenders of BYJUs 1.2 billion term loans announced today that GLAS Trust Company LLC has filed a petition pursuant to section 7 of the Insolvency and Bankruptcy code of India 2016 to initiate corporate insolvency resolution proceedings against Think Learn Pvt Ltd before the Bengaluru Bench of the National Company Law Tribunal.

Overseas lenders of Byju’s US$1.2bn term loans have filed a petition before the Bengaluru bench of NCLT to initiate CIRP against Think & Learn Pvt Ltd

Overseas lenders of Byju’s $1.2 billion term loans on Thursday said they have filed a petition before the Bengaluru Bench of the National Company Law Tribunal (NCLT) to initiate corporate insolvency...

Overseas lenders of Byju's $1.2 billion term loans on Thursday said they have filed a petition before the Bengaluru Bench of the National Company Law Tribunal (NCLT) to initiate corporate insolvency resolution proceedings against Think & ...

Overseas lenders of Byju's $1.2 billion term loans on Thursday said they have filed a petition before the Bengaluru Bench of the National Company Law Tribunal (NCLT) to initiate corporate insolvency resolution proceedings against Think & ...