NCLT Reserves Order On Appeals Filed By Creditors Of BYJU’S

The NCLT (National Company Law Tribunal) has reserved its order on the appeals filed by creditors of Byju’s, India’s ed-tech giant. The creditors are contesting Byju's efforts to restructure its debt and repayment terms, citing concerns over delays in payments and the company’s financial stability. Byju’s, which has faced mounting pressure due to its massive valuation and aggressive expansion strategy, is seeking a way to manage its liabilities effectively while ensuring business continuity. The tribunal’s decision is keenly awaited, as it could significantly impact Byju’s operations and future growth plans.