GENERAL5 Sept 2026
NCLT stays ₹16-cr sale of Byju's K3-linked assets, flags valuation concerns
NCLT has ordered status quo over assets of Byju's K3 Education sold by Think and Learn's resolution professional. Assets reportedly worth about ₹150 crore were auctioned for around ₹16 crore. The tribunal wants ownership and sale checked before anything is moved. Auctioned property cannot be disposed of until the hearing on September 21. Next step: The bidder and RP must give concrete proof.
Key Statutory Highlights
- Assets of Byju's K3 Education, worth about ₹150 crore, were auctioned for roughly ₹16 crore.
- NCLT directed Think and Learn's resolution professional to maintain status quo on auctioned assets until the next hearing on September 21.
- Concerns were raised because the winning bidder, Comprint Tech Solutions, was found at an under-construction, locked address after assets left for Mumbai.
Actionable Advice for Taxpayers / Founders:If you are involved in or affected by this insolvency sale, track the September 21 NCLT hearing and ensure no further assets are moved until ownership evidence is verified.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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