BYJU’S CoC Proposes Shailendra Ajmera As New IRP

February 17, 2025

, By Team SNFYI

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SUMMARY

The edtech company’s committee of creditors (CoC) has reportedly passed a resolution to replace the incumbent IRP with Shailendra Ajmera

The NCLT called for removal of Srivastava as the IRP, deeming his conduct during the proceedings unfit and improper for an officer of the tribunal

Srivastava was accused by BYJU’S creditors Glas Trust and Aditya Birla Finance of fraud by not including them in the then CoC

After months of drama surrounding BYJU’S the then insolvency resolution professional (IRP) Pankaj…

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BYJU’S CoC Proposes Shailendra Ajmera As New IRP

February 17, 2025

, Published By Team SNFYI

SUMMARY

The edtech company’s committee of creditors (CoC) has reportedly passed a resolution to replace the incumbent IRP with Shailendra Ajmera

The NCLT called for removal of Srivastava as the IRP, deeming his conduct during the proceedings unfit and improper for an officer of the tribunal

Srivastava was accused by BYJU’S creditors Glas Trust and Aditya Birla Finance of fraud by not including them in the then CoC

After months of drama surrounding BYJU’S the then insolvency resolution professional (IRP) Pankaj…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

China’s tech rally rests on ‘hot money’

Next News

Paytm On Track To Deliver Profit In Q1 FY26: Vijay Shekhar Sharma

Hi! This is Admin.

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