In relief to founders, NCLT stays Byju’s FORM G bidding process till next hearing

Bengaluru (Karnataka) [India], July 24 (ANI): The National Company Law Tribunal’s Bengaluru bench on Tuesday directed the resolution professional of Think & Learn Private Limited, the parent company of edtech firm Byju’s, not to proceed with the Form G invitation for bids or finalise the list of prospective resolution applicants until August 31, when it will hear the founders’ challenge to the biggest claim in the company’s insolvency.