Byju’s creditors to vote on resolution professional on Saturday

Quick Summary:

Byju’s interim resolution professional Pankaj Shrivastava has convened a committee of creditors meeting to vote on a permanent resolution professional.

Glas Trust Company, holding 99.41% voting rights, can pass its preferred nominee.

Previous resolution decisions were criticized by NCLT, leading to potential disciplinary action and Misconduct investigation, amid insolvency proceedings involving dues owed to BCCI.

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Article Details

Author / Journalist: Supriya Roy

Category: EconomyBusiness

Markets: IndiaFrance

Topics: National Company Law Tribunal Byju's creditors Glas Trust Company Resolution professional vote Business news Insolvency case

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Article Type: News Report

Published On: 2025-02-08 @ 01:35:04 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

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Sentences: 24 lines

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Copyright Owner: © Times of India

News ID: 25964938

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