Byju's Faces Auditor Resignation Amid Insolvency and Governance Issues

BDO's exit follows allegations of backdating demands and communication failures during critical financial turmoil.

Byju's auditors allegedly suggested backdating reports, which the company refused.
BDO's resignation is the second auditor departure in a year, raising concerns about Byju's financial health.
The company is undergoing insolvency proceedings initiated by a Supreme Court order.
Byju's management claims BDO failed to communicate with the insolvency resolution professional.
The resignation letter from BDO's subsidiary cites significant delays and lack of support from Byju's management.