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What will be Aditya Birla Finance's final classification in Byju's insolvency proceedings by June 30, 2025?
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Resolution / Starting Odds
Operational Creditor • 25%
Financial Creditor • 25%
Both classifications • 25%
Other classification • 25%
Official NCLT records and financial disclosures
Story
Aditya Birla Finance Files Fraud Accusation Against Byju’s Insolvency Professional with NCLT
Sep 13, 2024, 01:05 PM
Aditya Birla Finance has filed a plea with the National Company Law Tribunal (NCLT), accusing Byju’s insolvency professional of fraud. The accusation centers on the alleged misclassification of Aditya Birla Finance as an 'operational creditor' instead of a 'financial creditor.' This misclassification could have significant implications for the financial claims and recovery process in Byju’s ongoing insolvency proceedings.
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Insolvency proceedings continue • 25%
Insolvency proceedings quashed • 25%
Settlement reached with lenders • 25%
Byju's files for bankruptcy • 25%
Successful appeal at NCLAT • 25%
Out-of-court settlement with BCCI • 25%
Bankruptcy proceedings continue • 25%
Other • 25%
Successful appeal • 25%
Company restructured • 25%
Company liquidated • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Full repayment • 25%
Partial repayment • 25%
No repayment • 25%
Loan restructured • 25%
Yes • 50%
No • 50%
Successful restructuring • 25%
Partial restructuring • 25%
No restructuring • 25%
Company bankruptcy • 25%
Full payment made • 25%
Partial payment made • 25%
No payment made • 25%
Payment terms renegotiated • 25%