Dozens of Byju's employees and parents of students are showing a growing sense of desperation as people plan to take the offensive against the troubled edtech company whose board currently stands suspended with assets frozen, Reuters reported. After three months without pay, many of Byju's 27,000 employees are considering street protests or lawsuits. "I guarantee this: When we regain control, …
This specialized program is designed to equip students with comprehensive knowledge and expertise in the dynamic field of insolvency and bankruptcy laws. Through a carefully crafted curriculum, students will delve into theoretical concepts, practical applications, and case studies relevant to the legal frameworks governing insolvency and bankruptcy proceedings in India. The students will study first year at NALSAR University of …
The Chennai Bench of National Company Law Appellate Tribunal has stayed the admission of corporate insolvency case brought by National Company Law Tribunal Bengaluru against the the coffee chain firm, Cafe Coffee Day on Friday. The NCLT order against CCD has been put on hold until the next hearing of the appeal filed by Malavika Hedge, the former director of …
The National Company Law Tribunal, Chennai Bench comprising of Justice S. Ramathilagam and Mr. Anil Kumar B in the Case of N Kumar v. Tata Capital Housing Finance Ltd. held that the project wise Corporate Insolvency Resolution Process of a real estate company is outside the purview of Insolvency and Bankruptcy Code, 2016. The Resolution Professional of Sheltrex filed an …
