NCLT Intervenes as Byju's Assets Auctioned for ₹16 Crore

NCLT in Bengaluru halts Byju's asset auction, raising concerns over ownership disputes. The assets, valued at ₹150 crore, were sold for just ₹16 crore, prompting legal scrutiny. This intervention highlights ongoing challenges faced by Byju's amid financial turmoil and asset management issues.

⚖️ AI Verdict

"When assets worth ₹150 crore sell for ₹16 crore, it's time to hit the brakes!"

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