Byju's: NCLAT dismisses appeals by BCCI, Riju Raveendran against NCLT order


The NCLAT dismissed appeals by Riju Raveendran and the BCCI challenging an NCLT order directing BCCI to withdraw its insolvency plea against Byju's and present a settlement proposal.
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The National Company Law Appellate Tribunal (NCLAT) at Chennai on Thursday dismissed appeals by Riju Raveendran and the Board of Control for Cricket in India (BCCI) challenging an NCLT Bengaluru order that directed BCCI to withdraw its insolvency plea against Byju’s and place its settlement proposal before the Committee of Creditors (CoC) of the edtech entity's parent company.

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