NCLT asks for Byju's reply after investors allege company violated Tribunal orders

The investors filed an affidavit stating that Byju’s may have allotted shares amongst shareholders without increasing its authorised capital, in violation of NCLT orders.

The investors who alleged oppression and mismanagement by Byju’s raised allegations in the National Company Law Tribunal (NCLT) at Bengaluru that the company may have violated its previous orders.

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