GENERAL21 Sept 2026
SC reserves order on CoC plea to be heard in Byju's-GLAS Trust dispute
The Supreme Court has reserved its order on a plea by the Committee of Creditors (CoC) to be heard in the Byju's-GLAS Trust dispute. The CoC says it is a necessary party, as the relief sought by former Byju's director Riju Ravindran could affect its composition, functioning and past decisions. Nothing is decided yet, so watch for the court's order.
Key Statutory Highlights
- The Supreme Court has reserved its order on the Committee of Creditors plea to be heard in the Byju's-GLAS Trust dispute.
- The CoC argued that it is a necessary party in the matter.
- The CoC said the relief sought by former Byju's director Riju Ravindran could affect its composition, functioning and past decisions.
Actionable Advice for Taxpayers / Founders:Keep an eye on the Supreme Court's order in this matter before taking any position on the CoC's role, and speak to your advisor if your company has exposure to this dispute.
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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