NCLAT has refused to grant interim relief to BYJU’S suspended director Riju Ravindran, who sought to block the edtech company’s committee of creditors (CoC) from reviewing BCCI’s application
Ravindran moved the NCLAT after the NCLT directed the BCCI last week to submit its settlement application to the bankrupt company’s new CoC
The report said that Ravindran, brother of BYJU’S founder Byju Raveendran, argued that the settlement occurred before the new CoC was formed
The National Company Law Appellate…