Supreme Court Overturns NCLAT’s Bankruptcy Ruling for Byju’s, Ensures Payment to BCCI

Supreme Court Overturns NCLAT’s Bankruptcy Ruling for Byju’s, Ensures Payment to BCCI

The Supreme Court on Wednesday set aside the order of the National Company Law Appellate Tribunal (NCLAT) terminating the bankruptcy proceedings against edtech giant Byjus to clear Rs 158.9 crore to the Board of Control for Cricket in India (BCCI). A three-judge bench headed by Chief Justice DY Chandrachud ordered that the settlement amount kept … Read more