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Who will initiate the next significant legal action against BYJU'S by the end of 2024?
4
Resolution / Starting Odds
Vendor • 33%
Investor • 33%
Government • 34%
Court records, official company announcements
Story
BYJU'S Settles Dispute with Teleperformance for INR 7 Crore, Insolvency Plea Withdrawn
Jun 26, 2024, 08:43 AM
BYJU'S has settled its dispute with France-based Teleperformance Business Services, leading to the withdrawal of Teleperformance's insolvency plea. According to sources, BYJU'S paid approximately INR 7 crore for the settlement. The court has asked Teleperformance to file a memo to officially withdraw the plea.
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Similar markets
Yes • 50%
No • 50%
Successful appeal at NCLAT • 25%
Out-of-court settlement with BCCI • 25%
Bankruptcy proceedings continue • 25%
Other • 25%
Byju Raveendran remains CEO • 25%
New internal candidate appointed • 25%
New external candidate appointed • 25%
No new CEO appointed • 25%
Successful appeal • 25%
Company restructured • 25%
Company liquidated • 25%
Other outcome • 25%
Insolvency proceedings continue • 25%
Insolvency proceedings quashed • 25%
Settlement reached with lenders • 25%
Byju's files for bankruptcy • 25%
Plea accepted and reclassification ordered • 25%
Plea accepted but no reclassification • 25%
Plea rejected • 25%
Case unresolved by deadline • 25%
Pankaj Srivastava • 25%
Byju Raveendran remains CEO • 25%
Other internal appointment • 25%
External appointment • 25%