The whistleblower also highlighted that how a legitimate settlement was deliberately derailed to keep Byju’s in insolvency. The whistleblower said that EY deliberately delayed BYJU's CIRP process ...
The discussion paper suggests stronger recording of CoC deliberations, structured approval of CIRP costs, and clearer roles ...
The National Company Law Tribunal (NCLT) has recalled the Corporate Insolvency Resolution Process (CIRP) initiated in the matter of Alchemist Limited, holding that it was vitiated by fraud, collusion, ...
https://www.thehindubusinessline.com/money-and-banking/invitation-and-submission-of-insolvency-resolution-plans-will-be-via-an-electronic-platform-ibbis-measures-to ...
The decision clarifies that the statutory suspension under Section 10A applies only to corporate debtors and does not prevent insolvency proceedings against personal ...
The central government may also encourage the use of alternative dispute resolution mechanisms such as mediation and arbitration to resolve disputes amicably and quickly, thereby reducing the burden ...
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BYJU's-EY Case Latest Update: EY manipulated edtech firm BYJU's CIRP process, claims whistleblower
A whistleblower has alleged that accounting firm Ernst & Young (EY) had manipulated edtech firm BYJU's CIRP process. However, the most alarming revelation by the whistleblower is how a legitimate ...
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