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Kerala HC directs Byju’s RP, EY India chairman, Glas Trust to appear on Friday

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The Kerala High Court on Thursday ordered Byju’s parent Think & Learn’s (TLPL) resolution professional (RP), Shailendra Ajmera, an authorised representative of Glas Trust, which represents the edtech firm’s US lenders, and EY India chairman Rajiv Memani to appear on December 5 in contempt proceedings related to its foreign assets.

The order was passed in a petition filed by Voizzit Technology, which has claimed rights over TLPL’s foreign assets, including kids’ learning platform Epic and coding platform Tynker.

Based on the petition, the…

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