The Bengaluru bench of the NCLT has put a hold on all further proceedings regarding assets auctioned by Think and Learn, the parent company of Byju's. This move follows an objection filed by the resolution professional for K3 Education, who claimed that assets valued at ₹150 crore were disposed of for just ₹16 crore. The tribunal noted that the ownership status of various electronic devices and tablets remains uncertain and has directed that these items be kept secure until the matter is settled.

by shortkt.com✓

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