{"id":853644,"date":"2024-09-10T05:58:58","date_gmt":"2024-09-10T00:28:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=853644"},"modified":"2024-09-10T06:02:07","modified_gmt":"2024-09-10T00:32:07","slug":"byjus-may-not-have-to-pay-glas-trust-verified-claim-is-only-rs-20-cr-ceo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/10\/byjus-may-not-have-to-pay-glas-trust-verified-claim-is-only-rs-20-cr-ceo\/","title":{"rendered":"Byju&#8217;s may not have to pay Glas Trust; verified claim is only Rs 20 cr: CEO"},"content":{"rendered":"<p>Think &amp; Learn, which owns Byju&#8217;s may not have to pay any amount for the disputed $ 1.2-billion Term Loan B due the present &#8220;behaviour&#8221; of Glas Trust &#8212; an agency which is representing US-based lenders &#8212; Founder and CEO of the edtech major Byju Raveendran said. <\/p>\n<p>In an interview to PTI, Raveendran said the verified debt claim on Byju&#8217;s as per the insolvency resolution professional (IRP) is now only Rs 20 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Think &amp; Learn, which owns Byju&#8217;s may not have to pay any amount for the disputed $ 1.2-billion Term Loan B due the present &#8220;behaviour&#8221; of Glas Trust &#8212; an agency which is representing US-based lenders &#8212; Founder and CEO of the edtech major Byju Raveendran said. In an interview to PTI, Raveendran said the verified debt claim on Byju&#8217;s as per the insolvency resolution professional (IRP) is now only Rs 20 crore.<\/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-853644","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\/853644","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=853644"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/853644\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=853644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=853644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=853644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}