Overview

• 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.