BYJU’S CoC Proposes Shailendra Ajmera As New IRP

The edtech company’s committee of creditors (CoC) has reportedly passed a resolution to replace the incumbent IRP with Shailendra Ajmera

The NCLT called for removal of Srivastava as the IRP, deeming his conduct during the proceedings unfit and improper for an officer of the tribunal

Srivastava was accused by BYJU’S creditors Glas Trust and Aditya Birla Finance of fraud by not including them in the then CoC

After months of drama surrounding BYJU’S the then insolvency resolution professional (IRP) Pankaj…