Sun Sep 08 05:27:10 UTC 2024: – BDO Global, the auditor of EdTech company Byju’s, has resigned
– Byju’s had appointed BDO (MSKA & Associates) as their auditor for 5 years after Deloitte resignation in June 2023
– Byju’s CEO accuses BDO of blackmail
– Byju’s is currently facing financial crisis but has been successful in partially paying BDO
– NCLT approves BCCI’s plea to initiate insolvency proceedings against Byju’s for not paying Rs 158 crore sponsorship for Team India’s jersey

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