'Struggling to pay bills': Byju's insolvency case fans fears of employees

Dozens of Byju's employees and parents of students are showing a growing sense of desperation as people plan to take the offensive against the troubled edtech company whose board currently stands suspended with assets frozen, Reuters reported.

"A lot of people, including myself, have stopped taking classes because there's no point doing charity for the company anymore," the report quoted Sukirti Mishra, 29, who once earned $1,200 a month teaching mathematics courses, as saying. She now faces the anger of parents after she halted classes for their children. However, she's also struggling to pay medical bills and loans installments, after having gone unpaid for months.

She's not alone. After three months without pay, many of Byju's 27,000 employees are considering street protests or lawsuits.

The Supreme Court is set to hold its next hearing in the insolvency process on Thursday, siding with the protesting US lenders.