Pankaj Srivastava alleged that Khaitan & Co officials threatened to malign his image as insolvency officer if he appointed anyone but EY as process advisor in the insolvency procedure against BYJU’S
Khaitan & Co is representing GLAS Trust, US-based lenders who gave BYJU’S $1.2 Bn term loan B in 2021, in their ongoing legal battle against the edtech company
NCLT initiated bankruptcy proceedings against BYJU’S last year after the BCCI $complained about failure to recover unpaid dues worth INR 158 Cr
With BYJU’S…