The Court agreed that damages had not been determined and ordered a new phase to commence in early January 2026 to determine any damages related to claims against Byju Raveendran.
The case arises from the High Court's earlier judgment dated May 21, 2025, which had restrained any transfer of BYJU'S key overseas subsidiaries such as Epic! Creations Inc. and Tangible Play Inc. (Osmo).
yju Raveendran has contested a US bankruptcy court default judgment making him liable to pay back over USD 1 billion on a petition filed by BYJU's Alpha and GLAS Trust with his lawyer stating that the court judgement and related orders will be appealed promptly by Raveendran, according to pr
The Supreme Court on Monday dismissed pleas filed by the Board of Control for Cricket in India (BCCI) and Byju's co-founder Riju Raveendran challenging a NCLAT Chennai order which denied the withdrawal of insolvency proceedings initiated by the BCCI.
The Supreme Court on Thursday admitted the appeals filed by the promoters of Byju's challenging the NCLAT Chennai order which denied the withdrawal of insolvency proceedings initiated by the BCCI, despite a full and final settlement of dues prior to the constitution of the Committee of Credi
Byju Raveendran, founder and Chief Executive Officer (CEO) of ed-tech company BYJU'S, extended apologies for the disruption caused to students due to the company's distress and vowed to compensate them.
Byju Raveendran, founder and Chief Executive Officer (CEO) of embattled ed-tech company BYJU'S, said that he would never sell anything to anyone which he won't give to his son.
BYJU'S founder, Byju Raveendran, described the acquisition of Aakash Institute as one of his "best decisions," while admitted that acquiring WhiteHat Jr was a "business mistake."
BYJU'S founder Byju Raveendran has admitted that one of the company's biggest mistakes was opting for a USD 1.2 billion term loan in 2021, despite having sufficient equity funding options.
"The strategy we now come to understand is that try and weaken BYJU by blaming and pulling everybody around him who supports him. My brother-in-law... Not many people are left because co-founding partners, Vinay, Anita, just pull anybody and anyone. Even our lawyers have been threatened. The