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Ministry calls for speeding up inspection report on Byju’s
The Morning Standard
|February 27, 2024
THE Ministry of Corporate Affairs (MCA) has asked its officials to expedite inspection of the books of edtech company Byju's and submit the report.
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The ministry will decide the course of action after receiving the report.
Byju's said the inspection is ongoing. "The company has received multiple communications requesting information and documents from time to time, and it has cooperated completely and responded with all necessary responses along with documents to the MCA,' Byju's spokesperson said.
The company also apprised them of the corporate governance measures implemented, including the constitution of the advisory council. All directions of the ministry have also been complied with.
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