Byju's Collapse: Can You Recover Your Money?

Byju's is fighting multiple creditors in court while still owing money to students, teachers, and investors. If you paid fees or have a refund pending, here is what you can actually do to protect yourself.

Here's what happened: Qatar Holding has filed a fresh plea in Karnataka High Court seeking over ₹53 crore from Byju Raveendran personally, stemming from an arbitration award.. Byju's, once India's most valued edtech startup, has faced multiple insolvency proceedings, creditor disputes, and regulatory scrutiny over the past two years.. Thousands of students, teachers, and small vendors are also owed money — from fee refunds to unpaid salaries — making recovery uncertain for ordinary claimants..

What you should do: File a formal claim with the NCLT-appointed Resolution Professional if you have any unpaid refund or dues from Byju's — this is the only legal way to be counted as a creditor.. Raise a chargeback dispute with your credit card issuer or bank immediately if you paid fees that were never delivered — time limits apply, so act within 30-180 days of the failed service.. Check your education loan agreement — if the course was incomplete or cancelled, contact your lender in writing to explore whether EMIs can be paused or restructured..

Pro tip: Under IBC rules, you must submit your claim before the deadline set by the Resolution Professional — late claims are routinely rejected with no exceptions, even for genuine cases.

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