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'I Am The Fire That Will Shatter GLAS’: Byju Raveendran files FIR Against 'Conspirators'

  • Byju Raveendran, founder of Byju's, has filed a FIR against Pankaj Srivastava, the former resolution professional (RP) of Think & Learn, Glas Trust, and some EY employees.
  • The FIR is in response to allegations of a criminal conspiracy against Byju's, with Raveendran claiming that the insolvency process was illegally handed over to EY agents of GLAS.
  • Byju's is currently facing financial struggles and legal disputes, including mounting debts and concerns over the ruling by National Company Law Tribunal (NCLT) in favor of lenders controlling the company's financial decisions.
  • Glas Trust has denied the allegations, calling them baseless and fabricated, and accusing Raveendran of deflecting responsibility.

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