BCCI in discussion with Byju's to settle dispute related to unpaid dues

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BCCI in discussion with Byju's to settle dispute related to unpaid dues - Business Standard

Quick Summary:

On July 16, National Company Law Tribunal (NCLT) admitted Byju's into the Corporate Insolvency Resolution Process (CIRP) based on petition filed by BCCI due to unpaid dues amounting to Rs 158.

The BCCI on Tuesday sought a day's adjournment at the NCLAT related to the dispute with Byju’s parent firm Think and Learn.

During the hearing, Mehta said that the BCCI wanted time to see if “anything fruitful will come” out of such discussions, according to a report by law platform Bar & Bench.