US court rejects GLAS' application for temporary restraining BCCI settlement: BYJU'S

Quick Summary:

GLAS had also opposed the settlement with the BCCI before the NCLAT alleging the money paid by Riju Raveendran as tainted and a case of "round-tripping".

An email query sent to Glas did not elicit any immediate reply.

"The Delaware Bankruptcy Court's decision effectively puts an end to GLAS' attempts to forum shop.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Court Information Settlement Policy Privacy Glas Company Bcci Delaware Byju Nclat

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 09:27:26 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 252 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 21981170

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 17 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #44

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