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BCCI, NCLAT and Byju's
Byju's-BCCI: SC sets aside NCLAT's verdict stopping insolvency proceedings against edtech
The apex court also reversed the NCLAT order of approving Byju's Rs 158.9 crore dues settlement with the Board of Control for Cricket in India (BCCI).
Supreme Court Sets Aside NCLAT Order Which Closed Insolvency Process Against Byju's Based On Settlement With BCCI
The Supreme Court today (October 23) set aside the order of the National Company Law Appellate Tribunal which closed the insolvency proceedings against ed-tech company Byju's (Think and Learn Pvt Ltd) accepting a settlement between it and the Board of Control for Cricket in India (BCCI) for about Rs 158 crores.
Supreme Court sets aside NCLAT order on Byju’s payment dispute with BCCI
The Supreme Court of India set aside the National Company Law Appellate Tribunal’s verdict and approved Byjus’s Rs 158.9 crore payment dues settlement with the BCCI
Setback for Byju's as Supreme Court overturns NCLAT order on Rs 158-crore settlement with BCCI
The Supreme Court has overturned the NCLAT’s approval of a Rs 158 crore settlement with the BCCI, highlighting procedural lapses in handling bankruptcy petitions.
Supreme Court sets aside NCLAT order stopping insolvency process against Byju’s
The Supreme Court also directed that Byju's settlement amount of Rs 158 crore with BCCI, be deposited with a committee of creditors.
Court Rejects Byju’s Settlement, Paving Way for Insolvency
India’s top court struck down a bankruptcy tribunal’s order that allowed Byju’s to settle debts with a key creditor, pushing the online tutor back firmly into the insolvency process.
SC Sets Aside NCLAT Order Halting Insolvency Proceedings Against Ed-Tech Firm Byju's
A bench of Chief Justice D Y Chandrachud, and Justices J B Pardiwala and Manoj Misra also reversed the order of the NCLAT approving Byju's Rs 158.9 crore dues settlement with the Board of Control for Cricket in India (BCCI) and directed the cricket board to deposit the settlement amount of Rs 158.
Supreme Court sets aside NCLAT ruling on Byju's settlement with BCCI
A bench headed by Chief Justice of India DY Chandrachud said there were procedural lapses in the settlement process, which happened without the approval of insolvency resolution professional Pankaj Srivastava who was appointed by the National Company Law Tribunal (NCLT) on July 16 to manage the company’s affairs.
Supreme Court sets aside NCLAT order stopping insolvency proceedings against Byju’s: A timeline of the case
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18.
SC restores insolvency case against Byju’s, raps NCLAT for procedural 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,
Supreme Court sets aside tribunal order stopping insolvency process against Byju's
A three-bench headed by Chief Justice of India DY Chandrachud directed that the settlement amount maintained in a separate escrow account pursuant to the stay of the NCLAT order, will have to be deposited into the escrow account of the Committee of Creditors.
The Week
19h
Byju's Drama: Supreme Court strikes down NCLT order, reviving edutech firm's woes in BCCI-led insolvency proceedings
Supreme court bench headed by CJI DY Chandrachud sets aside order by the National Company Law Tribunal that offered Byju's ...
1h
on MSN
SC cancels Byju's 158 crore settlement with BCCI
The Supreme Court has annulled Byju's Rs 158 crore settlement with the BCCI for sponsorship dues of the Indian cricket team, ...
7h
"Can't Bench KL Rahul": BCCI Warned Over Dropping India Star "After One Test"
A particular set of criticism was targetted towards KL Rahul, who miserably failed to leave a mark in the match. In both the ...
AFAQS
22h
Reliance, Disney not to bundle ad sales for IPL, ICC and BCCI games
The CCI on October 22, published the 48-page detailed order approving the mega media assets merger of Reliance Industries and ...
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2d
‘No country does this’ Gavaskar blasts BCCI for ‘needless matches’ demeaning Ranji Trophy
In his weekly column for Mid-day, Gavaskar came hard at the Indian Cricket Board, saying no country treats its premier ...
1d
ICC to make this BIG change with Jay Shah's appointment as chairman, it will allow BCCI official to...
The ICC Board has proposed a change in the rules which will allow Jay Shah to… Harshvardhan Jaiman Updated : Oct 22, 2024, 02 ...
2d
on MSN
Return home after each match: PCB’s new proposal to BCCI for Champions Trophy 2025
The Pakistan Cricket Board has proposed a plan for the Indian cricket team to travel back to India between matches during the ...
Sports Tak on MSN
10h
BCCI President Jay Shah meets NBA Deputy Commissioner Mark Tatum, Tatum hints NBA games in India saying 'We're talking to different potential partners'
Mark Tatum, NBA Deputy Commissioner and Chief Operating Officer, emphasized the need for increased investment in basketball ...
1d
ICC to make this BIG change with Jay Shah's appointment as chairman, it will allow ex-BCCI official to...
The ICC Board has proposed a change in the rules which will allow Jay Shah to… Harshvardhan Jaiman Updated : Oct 22, 2024, 02 ...
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