No stay on NCLT order for CoC vetting of BCCI-Byju’s deal

February 19, 2025

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The National Company Law Appellate Tribunal (NCLAT) on Wednesday did not grant any interim relief to Byju’s suspended director Riju Ravindran, who approached it seeking that his Rs 158-crore settlement with the Indian cricket board not be placed before the edtech firm’s committee of creditors (CoC).

Ravindran moved the appellate tribunal to block the CoC from taking up an application filed by the Board of Control for Cricket in India (BCCI) for withdrawing its insolvency petition against Byju’s parent company, Think & Learn. The National Company…

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No stay on NCLT order for CoC vetting of BCCI-Byju’s deal

February 19, 2025

, By admin

The National Company Law Appellate Tribunal (NCLAT) on Wednesday did not grant any interim relief to Byju’s suspended director Riju Ravindran, who approached it seeking that his Rs 158-crore settlement with the Indian cricket board not be placed before the edtech firm’s committee of creditors (CoC).

Ravindran moved the appellate tribunal to block the CoC from taking up an application filed by the Board of Control for Cricket in India (BCCI) for withdrawing its insolvency petition against Byju’s parent company, Think & Learn. The National Company…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Canva’s origin story: From a Dorm Room Dream to a billion-dollar disruptor

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Online shopping giants bet on AI to curb clothes returns

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