K’taka HC grants relief to Byju’s; calls resolutions passed in EGM invalid

The Karnataka High Court, in response to a petition filed by Think & Learn Private Limited (the parent company of Byju’s), has passed an order stating that any resolutions proposed to be passed in the 23rd February extraordinary general meeting (EGM) called by select investors, are invalid until the final hearing and disposition of this petition.

Byju’s said this development marks a significant victory for the edtech firm, with the court recognizing the urgent need to protect the company’s interests and uphold the principles established by law.