Byju's CEO Byju Raveendran tells court it will face total shutdown if insolvency proceeds: Report 

Earlier this week, the National Company Law Tribunal’s Bengaluru bench, on Tuesday, admitted BCCI’s plea against Byju’s. This was done after BCCI had sought initiation of the insolvency proceedings against Byju’s over alleged unpaid dues of Rs 158 crore. Byju’s had a sponsorship contract with BCCI for the Indian cricket team.
Read The Rest at :