India, Feb. 24 -- In the latest twist in the BYJU'S insolvency saga, the Bengaluru bench of the National Company Law Tribunal (NCLT) on Monday (February 24) reportedly adjourned its decision on approving the appointment of Shailendra Ajmera as the new insolvency resolution professional (IRP) of the troubled edtech startup.

As per Livemint, the matter, crucial in the edtech firm's bankruptcy process, will now be taken up on March 19.

The National Company Law Tribunal (NCLT) was initially scheduled to give its order on Monday on the appointment of Ajmera as the IRP but deferred the decision after lawyers, representing former directors Byju Raveendran and Riju Raveendran raised objections, stating that they must be heard before any ruling ...