{"id":1033241,"date":"2026-09-04T08:50:25","date_gmt":"2026-09-04T03:20:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1033241"},"modified":"2026-09-04T09:24:48","modified_gmt":"2026-09-04T03:54:48","slug":"tribunal-halts-byjus-asset-sale-as-allegations-mount-against-resolution-professional","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/04\/tribunal-halts-byjus-asset-sale-as-allegations-mount-against-resolution-professional\/","title":{"rendered":"Tribunal Halts Byju\u2019s asset sale as allegations mount against resolution professional"},"content":{"rendered":"<p>The National Company Law Tribunal\u2019s (NCLT) Bengaluru Bench has frozen assets auctioned during the insolvency proceedings of Think and Learn Private Limited (TLPL), the parent company of Byju\u2019s, after allegations that assets worth around Rs 150 crore were sold for approximately Rs 16 crore in a four-day auction. <\/p>\n<p>In its 31 August 2026 order, the Tribunal directed Resolution Professional (RP) Shailendra Ajmera of EY and the successful auction bidder, Comprint Tech Solutions (I) Private Limited, to maintain status quo over all articles sold under the 2 August auction notice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Tribunal\u2019s (NCLT) Bengaluru Bench has frozen assets auctioned during the insolvency proceedings of Think and Learn Private Limited (TLPL), the parent company of Byju\u2019s, after allegations that assets worth around Rs 150 crore were sold for approximately Rs 16 crore in a four-day auction. In its 31 August 2026 order, the Tribunal directed Resolution Professional (RP) Shailendra Ajmera of EY and the successful auction bidder, Comprint Tech Solutions (I) Private Limited, to maintain status quo over all articles sold under the 2 August auction notice.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,4,18],"tags":[],"class_list":["post-1033241","post","type-post","status-publish","format-standard","hentry","category-it-2-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1033241"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033241\/revisions"}],"predecessor-version":[{"id":1033245,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033241\/revisions\/1033245"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1033241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1033241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1033241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}