7 Crucial Legal Battles BYJU'S Must Navigate

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BYJU'S Investors

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BCCI

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Glas Trust

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Enforcement Directorate

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Fab Hotels

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Surfer Technologies

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Teleperformane

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BYJU’S In A Legal Web: Can The Edtech Giant Fight Off Bankruptcy Risks, Angry Creditors?

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7 Crucial Legal Battles BYJU'S Must Navigate

BYJU'S Investors

Amount Involved: $200 Mn

BYJU'S investor group (Prosus, Peak XC, etc) took to NCLT, K'taka HC, and SC over fundraising via rights issues among other issues.

BCCI

Amount Involved: $19 Mn

BCCI filed an insolvency plea for BYJU'S and took to NCLT over BYJU'S defaulting on dues payments to BCCI

Glas Trust

Amount Involved: $1.2 Bn

Glas Trust filed an insolvency plea against BYJU'S over defaulting on a loan raised by BYJU'S from US-Creditos.

Enforcement Directorate

Amount Involved: $1.13 Bn

BYJU'S is under investigation by the Enforcement Directorate (ED) over FEMA and FDI violations.

Fab Hotels

Amount Involved: $26.3K

Fab Hotels took BYJU'S to Delhi HC for violating the travel subscription agreement.

Surfer Technologies

Amount Involved: $290K

Surfer Tech filed an insolvency plea for BYJU'S and took to NCLT over its defaulting on payments

Teleperformane

Amount Involved: $365K

Teleperformance filed an insolvency plea for BYJU'S and took to NCLT over its defaulting on payments

BYJU’S In A Legal Web: Can The Edtech Giant Fight Off Bankruptcy Risks, Angry Creditors?