Byju’s auditor BDO resigns after start of bankruptcy proceedings, firm says
Indian education technology company Byju’s auditor BDO Global has resigned after the startup did not provide documents requested following the start of insolvency proceedings, Byju’s said on Saturday.
Byju’s is fighting several battles including the insolvency proceedings and a $1 billion claim from US-based Glas Trust.
BDO was appointed auditor earlier this year after Byju’s former auditor, Deloitte, left the company, citing several issues with the company’s financial reporting.
