The US Bankruptcy Court found Byju’s suspended director, Riju Ravindran, founder Byju Raveendran, hedge fund Camshaft Capital Fund, and parent company Think & Learn guilty of defrauding Byju’s Alpha Inc and its lenders. Meanwhile, Raveendran accused EY, Glas Trust, and former resolution professional Pankaj Srivastava of fraud, while a new RP was appointed.