{"id":829657,"date":"2024-07-05T09:51:16","date_gmt":"2024-07-05T04:21:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=829657"},"modified":"2024-07-05T09:53:38","modified_gmt":"2024-07-05T04:23:38","slug":"nclt-tells-byjus-to-pay-salary-dues-to-employees-or-face-audit","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/05\/nclt-tells-byjus-to-pay-salary-dues-to-employees-or-face-audit\/","title":{"rendered":"NCLT tells Byju\u2019s to pay salary dues to employees or face audit"},"content":{"rendered":"<p>The National Company Law Tribunal (NCLT) has directed the embattled edtech major Byju\u2019s to pay salaries irrespective of having access to the funds raised through its rights issue and warned of an audit if employees were not paid.<\/p>\n<p>The tribunal also warned Byju\u2019s of an audit by the Institute of Chartered Accountants of India if it fails to pay its staff.<\/p>\n<p>\u201cYou are a company that is functioning. Surely, you should be having revenues,\u201d the Bengaluru Bench of NCLT told Byju\u2019s.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Tribunal (NCLT) has directed the embattled edtech major Byju\u2019s to pay salaries irrespective of having access to the funds raised through its rights issue and warned of an audit if employees were not paid. The tribunal also warned Byju\u2019s of an audit by the Institute of Chartered Accountants of India if it fails to pay its staff. \u201cYou are a company that is functioning. Surely, you should be having revenues,\u201d the Bengaluru Bench of NCLT told Byju\u2019s.<\/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":[4],"tags":[],"class_list":["post-829657","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/829657","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=829657"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/829657\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=829657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=829657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=829657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}