EdTech

RP Sues Dubai Partner For INR 1,597 Cr

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SUMMARY

A petition filed before the NCLT accuses the Dubai-based entity of failing to transfer revenues from the sale of BYJU’S products in the Middle East

The cofounders of BYJU’S denied all the allegations and termed the case as “baseless” and an attempt by the RP to deflect attention from more serious issues

This comes a day after a US Bankruptcy Court found Byju Raveendran in civil contempt for failing to appear and submit evidence on time

The resolution professional (RP) of Think and Learn Pvt Ltd., the parent…

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