BYJU'S US lenders move SC over removal from creditors' committee

Glas Trust Company, a trustee for BYJU'S US lenders, has moved the Supreme Court over its removal from the committee of creditors (CoC) by the interim resolution professional (IRP). "[Glas Trust's] stake is 99.41% and this has been reduced to zero by the IRP," the company's advocate Kapil Sibal said. Glas Trust seeks a stay on CoC's proceedings.