{"id":822437,"date":"2024-06-14T11:20:48","date_gmt":"2024-06-14T05:50:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=822437"},"modified":"2024-06-14T11:20:48","modified_gmt":"2024-06-14T05:50:48","slug":"nclt-halts-byjus-second-rights-issue-freezes-funds-pending-litigation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/14\/nclt-halts-byjus-second-rights-issue-freezes-funds-pending-litigation\/","title":{"rendered":"NCLT halts Byju\u2019s second rights issue, freezes funds pending litigation"},"content":{"rendered":"<p>Mumbai: The Bengaluru bench of the National Company Law Tribunal (NCLT) has restrained Byju\u2019s from using the proceeds from its second rights issue, and instead, directed the ailing edtech firm to park the funds in a separate account till the disposal of the main petition. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The Bengaluru bench of the National Company Law Tribunal (NCLT) has restrained Byju\u2019s from using the proceeds from its second rights issue, and instead, directed the ailing edtech firm to park the funds in a separate account till the disposal of the main petition.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-822437","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/822437","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=822437"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/822437\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=822437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=822437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=822437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}