{"id":852133,"date":"2024-09-05T09:55:33","date_gmt":"2024-09-05T04:25:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=852133"},"modified":"2024-09-05T09:58:06","modified_gmt":"2024-09-05T04:28:06","slug":"byjus-bankruptcy-tribunal-defers-decision-on-plea-by-edtech-firms-us-lender","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/05\/byjus-bankruptcy-tribunal-defers-decision-on-plea-by-edtech-firms-us-lender\/","title":{"rendered":"Byju\u2019s bankruptcy: Tribunal defers decision on plea by edtech firm\u2019s US lender"},"content":{"rendered":"<p>Mumbai: The National Company Law Tribunal has deferred its decision on a plea filed by US-based lender Glas Trust Llc seeking a stay on further meetings of the committee of creditors appointed in the Byju\u2019s insolvency case. <\/p>\n<p>A representative for Glas Trust, which has extended a $1.2-billion Term Loan B to the Bengaluru-based edtech company, was on Tuesday supposedly ousted from the committee of creditors by Byju\u2019s insolvency resolution professional, Pankaj Srivastava.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The National Company Law Tribunal has deferred its decision on a plea filed by US-based lender Glas Trust Llc seeking a stay on further meetings of the committee of creditors appointed in the Byju\u2019s insolvency case. A representative for Glas Trust, which has extended a $1.2-billion Term Loan B to the Bengaluru-based edtech company, was on Tuesday supposedly ousted from the committee of creditors by Byju\u2019s insolvency resolution professional, Pankaj Srivastava.<\/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":[55,13,4],"tags":[],"class_list":["post-852133","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\/852133","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=852133"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852133\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=852133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=852133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=852133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}