Karnataka HC bars Byju Raveendran from property deals

The Karnataka High Court has issued an order restraining Byju Raveendran, founder of edtech giant Byju’s, from alienating or transferring his property assets. The decision comes amid ongoing legal and financial challenges faced by the company, which has been under scrutiny for its debt issues and management practices.

This development marks another setback for the troubled edtech firm, which has already been battling investor concerns and regulatory hurdles. Legal experts suggest that the court’s move aims to protect creditor interests, while the future of Byju’s and its founder’s role in navigating the crisis remains closely watched.