Glas Trust moves SC to challenge removal from Byju’s committee of creditors

Glas Trust, the trustee for lenders to which Byju’s owes $1.2 billion, on Tuesday moved the Supreme Court challenging its removal by the interim resolution professional from the committee of creditors (CoC) of the debt-ridden Think & Learn Pvt Ltd, the parent of online educational services company. The US lender has also sought removal of Pankaj Srivastava, the IRP of Think & Learn.