Voizzit Entities Move Supreme Court Against Kerala HC Order Refusing Probe Into BYJU'S Insolvency Process

Two companies linked to the BYJU'S insolvency dispute, Voizzit Technology Pvt Ltd and Voizzit Information Technology LLC, have approached the Supreme Court.

They are challenging a Kerala High Court judgment that refused to direct the CBI, Enforcement Directorate (ED) and National Investigation Agency (NIA) to investigate alleged irregularities in the insolvency resolution process of BYJU'S parent company, Think & Learn Pvt. Ltd.

The special leave petition challenges a June 12, 2026 judgment of a Division Bench comprising Justices K. Natarajan and Johnson John. The matter is yet to be listed before the Supreme Court.

The dispute stems from complaints lodged by the Voizzit entities alleging large scale fraud, diversion of assets and malpractice by the resolution professional and others during the CIRP of Think & Learn. The companies claimed that entities and assets allegedly belonging to them were wrongfully alienated during the insolvency process, causing substantial financial losses.

Respondents included BYJU'S Resolution Professional Shailendra Ajmera, former IRP Pankaj Srivastava, GLAS Trust representative Sunil Thomas and certain Ernst & Young officials.

The single judge had dismissed the writ petition after noting that the petitioners had earlier withdrawn a PIL based on similar allegations and had also lodged a complaint before the High Grounds Police Bengaluru, pursuant to which FIR was registered. The Karnataka High Court subsequently stayed the investigation.

Before the Division Bench, Voizzit argued that its complaints to the CBI and ED were distinct from the Bengaluru police complaint and therefore warranted an independent investigation. The respondents countered that the allegations substantially overlapped with those forming the subject matter of the stayed FIR and that any grievance had to be pursued before the Karnataka High Court.

Accepting the contention, the Division Bench held that the petitioners had already invoked the jurisdiction of the Bengaluru police and that the dispute was presently before the Karnataka High Court. The Court observed:

“Whether stay granted ad interim or after hearing the parties, it doesn't matter, the petitioner still has liberty to file application before the High Court of Karnataka for seeking, vacating the interim order for disposing of the main petition or else he can approach the Hon'ble Supreme Court for setting aside the order.”

The Bench further noted that the petitioners approached the CBI and ED only on December 15, 2025, several months after the Karnataka High Court had stayed the investigation.

Holding that it could not interfere in a matter already seized of by the Karnataka High Court, the Division Bench dismissed the appeal while leaving it open to the petitioners to pursue appropriate remedies before that Court. Aggrieved by the refusal to order a CBI or ED probe, the Voizzit entities have now moved the Supreme Court.