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OPPO Mobiles moves NCLT against Byju's
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OPPO Mobiles moves NCLT against Byju's
03 May 2024
OPPO Mobiles Pvt Ltd, a Chinese electronics manufacturer, filed an insolvency plea on Wednesday against edtech firm Byju’s, aiming to recover its dues, joining a long line of operational creditors with cases against the struggling company.
OPPO has not disclosed the amount Byju’s owes.
Byju’s has been given two weeks to respond to the matter, with the NCLT scheduled to hear the case next on 28 May.
OPPO Mobiles Pvt Ltd, a Chinese electronics manufacturer, filed an insolvency plea on Wednesday against edtech firm Byju’s, aiming to recover its dues, joining a long line of operational creditors with cases against the struggling company.
OPPO has not disclosed the amount Byju’s owes.
Byju’s has been given two weeks to respond to the matter, with the NCLT scheduled to hear the case next on 28 May.
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