This was Mr Raveendran's first interaction with the media since the company's business hit choppy waters amid allegations of fraud and financial irregularities years ago.

In response to BDO’s resignation, Byju’s issued an official statement, clarifying the real reason behind the auditor's departure, questioning its legality.

NCLT has delayed its decision on Glas Trust’s plea to pause creditor meetings in Byju’s insolvency case. The US lender has alleged fraud by the resolution professional and seeks priority over BCCI’s claims.