The lenders – which include Redwood Investments LLC and Silver Point Capital LP – were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byju’s Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled.from Moneycontrol Business News https://www.moneycontrol.com/news/business/byju’s-lenders-win-fight-over-loan-default-controlunit_17319621.html
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