SC revives insolvency

SC revives insolvency proceedings in major setback for Byju Raveendran

The Supreme Court on Wednesday reinstated insolvency proceedings against Byju's, marking a significant victory for US lenders who claim the education technology giant owes them $1 billion. This development reverses a previous tribunal decision that had halted the proceedings, dealing a blow to Byju's founder, Byju Raveendran, who had recently...