Judge Finds Byju's Official in Violation of Duty to Lenders Over Concealed Cash

In a significant ruling that has sent ripples through the edtech giant Byju's, a judge has determined that a senior executive of the company failed to fulfill fiduciary duties to lenders by allegedly hiding substantial amounts of cash. This verdict underlines the ongoing financial turmoil and scrutiny facing Byju's, which has been navigating a challenging landscape since its rapid expansion phase.

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