India: NCLT instructs beleaguered edtech firm BYJU’s to clear salaries of staff

India: NCLT instructs beleaguered edtech firm BYJU’s to clear salaries of staff

FILE PHOTO: People walk past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branch in New Delhi, India, June 23, 2023. REUTERS/Adnan Abidi/File Photo

The National Company Law Tribunal (NCLT), a quasi-judicial body that adjudicates issues relating to Indian companies, has told beleaguered edtech firm BYJU’s to pay salaries to its employees and warned of an audit if otherwise.

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