Byju, supreme court of india
Reuters · 14h
Byju's payment dispute settlement with India cricket body set aside by top court
India's top court on Wednesday set aside an appeals tribunal order that allowed settlement of a payment dispute between the Indian cricket body and education technology company Byju's, handing a win to its U.
thetechportal.com · 4h
India’s Supreme Court overturns NCLAT order, reinstates Byju’s insolvency proceedings
In the petition, it alleged that Byju’s had defaulted on payments related to a sponsorship agreement. In response, NCLT went on to initiate the Corporate Insolvency Resolution Process (CIRP), which was later suspended when the NCLAT approved a settlement between Byju’s and BCCI.
Mint · 2h
Setback for Byju’s as Supreme Court restores insolvency case, raps NCLAT for overreach
The Supreme Court restored insolvency proceedings against Byju’s, overturning the NCLAT’s decision to halt the case. The court criticized NCLAT for procedural overreach, underscoring the need to follow IBC protocols,
devdiscourse · 14h
India's Top Court Intervenes in Byju's and Cricket Board Settlement Case
India's Supreme Court ruled that the settlement application between Byju's and the Cricket Board should have been heard by the Company Law Tribunal. The top court deemed the Appeals Tribunal's ruling allowing the settlement as procedurally incorrect and set aside an order that quashed insolvency proceedings against Byju's.
tech · 2h
SC puts aside the NCLAT approval of Byju’s – BCCI ₹158 Cr settlement
An earlier decision by the National Company Law Appellate Tribunal (NCLAT) that authorized a ₹158 crore settlement between Byju's (Think and Learn Pvt Ltd) and the Board of Control for Cricket in India (BCCI) was overturned by the Supreme Court of India,
Webindia 123 · 1h
Supreme Court sets aside NCLAT decision closing insolvency proceedings against ed-tech company Byju's
The court was hearing the Glas Trust Company LLC plea challenging NCLAT order. Earlier, NCLAT had allowed the settlement between Byju Raveendran and the BCCI. Chennai's NCLAT branch had earlier a settlement between Byju and BCCI regarding unpaid dues amounting to Rs 158 crore.
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