NEW DELHI (Reuters) - India's top court revived insolvency proceedings on Wednesday against education startup Byju's by putting a previous tribunal order on hold, in a win for its lenders.
Earlier, U.S.-based Glas Trust, which represents some lenders of a Byju's group company, had filed an appeal before India's Supreme Court challenging an earlier order that had quashed insolvency proceedings against Byju's.
(Reporting by Arpan Chaturvedi in New Delhi, Writing by Hritam Mukherjee in Bengaluru; Editing by Muralikumar Anantharaman)
