Byju's employees may sue firm over unpaid salaries

The court recently allowed the insolvency proceedings to continue, siding with the US lenders.

Byju's employees are now considering legal action as they struggle to receive their salaries.

The insolvency crisis at ed-tech giant Byju's has sparked widespread concern among its employees, reported news agency Reuters.

The report highlights the growing desperation among the workforce as they try to find a way to get away from what could become the largest insolvency in India's tech startup sector.

In interviews conducted by Reuters, employees expressed their concerns about their financial stability and their ability to meet basic needs.

The company is currently fighting the insolvency proceedings in court, attempting to regain control of its operations.

However, in court documents, Byju's has warned of a complete shutdown of services if the insolvency process continues.

The next hearing in the insolvency case is scheduled for Thursday in India's Supreme Court.

The court recently allowed the insolvency proceedings to continue, siding with the US lenders.

As the legal battle drags on, many of Byju's 27,000 employees are contemplating street protests or lawsuits to recover their unpaid salaries.

Approximately 3,000 employees have already filed claims, providing bank statements as proof of their dues.