NCLT has directed BCCI to submit its application to settle its insolvency dispute with BYJU’S to the troubled edtech’s newly ...
Under the IBC, an application for withdrawal of the insolvency process can be accepted by the NCLT if 90% or more of the ...
Financial creditors had challenged Byju’s settlement to clear sponsorship dues, arguing the funds should be allocated to them ...
The settlement in question involves a proposed payment of ₹158 crore by Riju Raveendran to the BCCI to resolve a longstanding ...
While market conditions appear favourable, investor skepticism about edtech remains, putting question marks on the sector’s ...
On Monday, the NCLT also asked all parties to file their replies concerning allegations that former resolution professional ...
The National Company Law Tribunal (NCLT) on Monday directed the resolution professional (RP) of edtech firm Byju’s parent to ...
Besides this, the petition also questioned the tribunal’s decision to remove the current resolution professional and the ...
On January 29, 2025, the National Company Law Tribunal (NCLT) made an important decision about Byju's insolvency case. Read ...
Reinstating creditors could prolong Byju’s Corporate Insolvency Resolution Process (CIRP), adding financial strain.