News > Smartphone manufacturer Oppo takes Byju's to NCLT for Rs 13 cr unpaid dues

Smartphone manufacturer Oppo takes Byju's to NCLT for Rs 13 cr unpaid dues

28/06/2024 10:43 AM | Click to read full article

Oppo said that Byju had admitted to owing them money and this was a clear case for admitting the edtech firm to insolvency to recover its dues. On designated ‘Byju Day’, July 3, NCLT is expected to hear nearly 10 petitions against Byju's. Byju's had earlier told the tribunal that it had settled a case with France-based Teleperformance Business Services. However, another business services provider, iEnergizer, on the same day filed a new insolvency plea.

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