State of Kerala vs Unknown Accused — Alleged forgery of GLAS Trust letter

Timeline

1. 2 Nov 2026News

   Kerala Police book GLAS Trust for forgery and cheating in Byju's insolvency case

   The Kerala Police have formally booked representatives of GLAS Trust for alleged forgery and cheating, building upon the initial criminal case regarding a disputed letter. The investigation now includes allegations that the document was used to falsely claim a debt of Rs 11,432.98 crore and manipulate voting shares in the committee of creditors.

   DNA India

   Explanation in simple terms

   What:

   The Kerala Police have formally filed criminal charges against representatives of GLAS Trust for forgery and cheating.

   Who:

   The Kerala Police are the agency investigating the matter, and representatives of GLAS Trust are the accused.

   When:

   Reported on 2 Nov 2026.

   Where:

   Kerala.

   Why:

   They are accused of using a fake letter to claim a debt and wrongly change voting power.

   What it means:

   The investigation now includes these new criminal allegations regarding the documents used in the insolvency case.

2. 31 Oct 2026News

   Byju's insolvency: Kerala Police register case over alleged forged lender letter

   Byju’s entered insolvency proceedings in July 2024 over unpaid BCCI sponsorship dues of Rs 158.9 crore. The NCLAT later approved a settlement and closed the proceedings, but the Supreme Court set aside that order in October 2024 following a challenge by GLAS Trust.

   India Today

   Explanation in simple terms

   What:

   Kerala Police registered a case regarding an allegedly forged letter from a lender.

   Who:

   The Kerala Police is the investigating agency, GLAS Trust is the lender, Byju is the company in insolvency proceedings, and the Supreme Court is the high court that set aside a settlement.

   When:

   Reported on 31 Oct 2026.

   Where:

   Kerala.

   Why:

   The case was opened because of claims that a letter from the lender was faked.

   What it means:

   The police will investigate the claim of forgery while the broader legal dispute remains active after the Supreme Court cancelled a previous settlement.