Crime & Law · India
NCLT Halts Sale of Byju's K3 Education Assets Amid Valuation Concerns
The National Company Law Tribunal (NCLT) has ordered a status quo on the disposal of Byju's K3 Education assets, which were auctioned for Rs 16 crore. The tribunal flagged concerns regarding the valuation of these assets and sought details about their ownership and storage location. This order comes as the NCLT examines issues related to the sale proceeds.
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- Centre (3): The Economic Times, The Financial Express, The Hindu BusinessLine