No clean chit to Byju's; probe still on: Govt
26-Jun-2024 09:54 PM 4939
New Delhi, June 26 (Reporter) The government on Wednesday clarified that no clean chit has been given by the Ministry of Corporate Affairs (MCA) to edtech firm Byju's financial wrongdoings, and investigations is still in process. There have been recent reports claiming that Byju's has been cleared of financial fraud in an ongoing investigation by the Ministry of Corporate Affairs. “It is categorically clarified that such reports are factually incorrect and misleading,” the MCA said in a statement. The proceedings initiated by MCA under the Companies Act, 2013, are still ongoing, and no final conclusion should be drawn in this matter at this stage, the ministry added...////...
© 2025 - All Rights Reserved - timespage | Hosted by SysNano Infotech | Version Yellow Loop 24.12.01 | Structured Data Test | ^