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Tag: Byju’s settlement talks

NCLAT approves Byju’s settlement with BCCI, sets aside insolvency plea against edtech firm

Posted on August 2, 2024 By admin
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…

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BCCI hints at settlement talks with Byju’s, NCLAT adjourns matter to July 31

Posted on July 30, 2024 By admin
BCCI hints at settlement talks with Byju’s, NCLAT adjourns matter to July 31

Byju at the time of admission of BCCI plea by NCLT had said it is hopeful of reaching “an amicable settlement” with the BCCI. File | Photo Credit: Reuters The BCCI on July 30 sought a day’s adjournment at appellate insolvency tribunal NCLAT, saying talks are going on with Byju’s, hinting at the possibility of…

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