The contempt proceedings were initiated by Voizzit Technology, which has claimed rights over TLPL’s foreign assets, including the children’s learning platform Epic and coding platform Tynker.The counsels representing Glas, EY, and Ajmera told the apex court that the proceedings constituted a misuse of the legal process and were aimed at disrupting the ongoing insolvency suit against TLPL, sources said. The contempt case arises from the Kerala High Court's (HC’s) judgment dated May 21, 2025, which had restra ...

This comes a week after founder Byju Raveendran said that he would file a $2.5 Bn defamation lawsuit against lender Glas Trust and the RP in the coming daysDespite Kerala HC in May restraining the RP and the edtech’s lenders from selling these two assets, both Epic! And Tynker were sold in a fire sale a month laterThe HC issued the order on a plea filed by Voizzit Technology, which has claimed rights over the edtech startup’s foreign assets, including Epic! and TynkerThe Kerala High Court (HC) has reportedl ...