Supreme Court on Wednesday stayed the National Company Law Appellate Tribunal order that allowed Board of Control for Cricket in India to settle its dues with Byju on latter paying Rs 158 crore. On August 2, the NCLAT Chennai Bench allowed settlement between BCCI and Byju which involves the repayment of Rs 158 crores to the BCCI. Folllowing this order …
A two-member Bengaluru-based bench of the NCLT issued a notice to Think & Learn earlier this month on 28 November In a sensational turn of events, the Board of Control for Cricket in India is understood to have claimed that ed-tech company BYJU’s has defaulted on payment of Rs 158 crore. The report went on to state that acknowledging BCCI’s …