NCLAT dismisses Byju's settlement plea, upholds insolvency

IANS | April 18, 2025 3:27 PM

Chennai, April 18 (IANS) The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by the BCCI and Riju Raveendran, brother of Byju Raveendran, seeking withdrawal of insolvency proceedings against Byju's and to consider the settlement between the beleaguered edtech company and the BCCI.