MCA probe reportedly finds ‘financial irregularities’ at Byju’s; firm denies ...Middle East

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New Delhi: After the Ministry Of Corporate Affairs (MCA) investigative team submitted a report on Byju’s that has details about alleged financial irregularities at the firm, the embattled edtech company said on Thursday that they are not “privy to any report by the MCA or the contents thereof”. According to reports, the MCA’s investigative arm has alleged several violations of the Companies Act and financial irregularities at Byju’s. The Ministry is yet to analyse the report and take further action. “We can confirm that there are no financial irregularities whatsoever in the affairs of the company,” a Byju’s spokesperson told IANS. “In so far as the Companies Act is concerned, any observati

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