NCLAT approves Byju’s settlement with BCCI, sets aside insolvency plea against edtech firm
Image used for representative purpose only. | Photo Credit: Reuters In a major relief to Byju’s, the NCLAT on August 2 set aside insolvency proceedings against the troubled edtech major over a sponsorship deal and approved a ₹158 crore settlement with the Board of Control for Cricket in India. The National Company Law Appellate Tribunal…