Shailendra Ajmera Appointed New IRP

During the hearing, the counsel for the erstwhile directors of the BYJU’S, Byju Raveendran and Riju Raveendran, objected to the appointment of Ajmera as IRP

This comes a month after the NCLT found Srivastava’s conduct as “unfit” and “improper” for an officer of the tribunal and directed IBBI to take disciplinary action against him

Earlier in the day, Byju Raveendran alleged that he had received a document with “conclusive evidence of criminal collusion” between EY India, the lenders and the outgoing IRP…