{"id":827262,"date":"2024-06-28T10:35:34","date_gmt":"2024-06-28T05:05:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=827262"},"modified":"2024-06-28T10:50:43","modified_gmt":"2024-06-28T05:20:43","slug":"karnataka-hc-reserves-order-on-edtech-firm-byjus-second-rights-issue","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/28\/karnataka-hc-reserves-order-on-edtech-firm-byjus-second-rights-issue\/","title":{"rendered":"Karnataka HC reserves order on edtech firm Byju&#8217;s second rights issue"},"content":{"rendered":"<p>The Karnataka High Court on Thursday reserved its order on Byju\u2019s challenge against the National Company Law Tribunal (NCLT) Bengaluru ruling, which restrains the ed-tech firm from proceeding with a second rights issue. <\/p>\n<p>The tribunal on June 12 had instructed Byju&#8217;s to maintain the status quo regarding existing shareholders and their shareholding. Byju\u2019s had appealed against the order in the High Court.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Karnataka High Court on Thursday reserved its order on Byju\u2019s challenge against the National Company Law Tribunal (NCLT) Bengaluru ruling, which restrains the ed-tech firm from proceeding with a second rights issue. The tribunal on June 12 had instructed Byju&#8217;s to maintain the status quo regarding existing shareholders and their shareholding. Byju\u2019s had appealed against the order in the High Court.<\/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":[9,34,4],"tags":[],"class_list":["post-827262","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827262","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=827262"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827262\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=827262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=827262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=827262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}