BYJU’S Insolvency Saga, Ather Revvs Up For IPO & More

Now, Khaitan & Co Tangled In BYJU’S Insolvency Mess

The twists and turns in the insolvency saga of BYJU’S continue to unfold. Now, the troubled edtech startup’s suspended resolution professional (RP) Pankaj Srivastava has blown the whistle, alleging that legal firm Khaitan & Co strong-armed him into appointing EY India as the process advisor for insolvency proceedings against BYJU’S.

In a confidential filing with the Insolvency and Bankruptcy Board of India (IBBI), Srivastava claimed that the legal firm threatened to “malign” his…