Foreign creditor urges NCLT to restrain Byju's from transferring shares

In a related matter, Byju's also sought time to explore the possibility of settling debts owed to other lenders.

Foreign creditor Glas Trust LLC recently urged the National Company Law Tribunal (NCLT) at Bengaluru to restrain Think & Learn, the parent company of edtech firm Byju’s, from pledging, selling or transferring its shares. [Glas Trust LLC v. Think & Learn Pvt Ltd]

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