EdTech
BYJU’S RP Sues Former Directors
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SUMMARY
BYJU’S current resolution representative Shailendra Ajmera has filed a lawsuit against Byju Raveendran, Riju Ravindran and Divya Gokulnath
The RP has demanded compensation for the fraudulent transfers of $533 Mn by BYJU’S US subsidiary to its related companies and INR 130 Cr from Think & Learn to one of its Indian subsidiaries
The Institute of Chartered Accountants of India will also resume its probe against the troubled edtech firm
BYJU’S
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