👥 HR & Workplace🇮🇳 India
Byju's Gets Breathing Room as NCLT Halts Insolvency Auction Until August 31
mint - companies·Friday, 24 July 2026
The National Company Law Tribunal's Bengaluru bench has paused the insolvency bidding process for Byju's parent company, Think & Learn, until August 31. This grants interim relief to the founders. The edtech giant has been mired in financial and legal trouble for months.
Why It Matters
Byju's once employed tens of thousands of people and taught millions of students. Its collapse has left many workers unpaid and students uncertain about their courses.
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