Byju Raveendran Moves SC With Caveat Against Creditor Glas Trust Company

Byju Raveendran Moves SC With Caveat Against Creditor Glas Trust Company

SUMMARY

This move follows an order from the National Company Law Appellate Tribunal (NCLAT) that restored the board of the company and set aside insolvency proceedings

The caveat was submitted to the apex court on August 3, a day after the NCLAT's ruling

Raveendran has filed a caveat before the Supreme Court against its US-based creditor Glas Trust Company LLC, anticipating that the creditor would challenge the NCLAT order

Edtech giant BYJU’S founder Byju Raveendran has filed a caveat before the Supreme Court against its US-based creditor Glas Trust Company LLC.

This move follows an order from the National Company Law Appellate Tribunal (NCLAT) that restored the board of the company and set aside insolvency proceedings.

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