insolvency case – TODAY NEWS

NCLAT rejects BCCI, Riju Raveendran’s plea for settlement in Byju’s insolvency case – Times of India

polite1 day ago05 mins

NEW DELHI: National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BCCI and Byju’s board member Riju Raveendran, rejecting their request to withdraw insolvency proceedings and allow a settlement between debt-ridden edtech firm and the cricket board.The appellants had challenged the February 10, 2025 order by the Bengaluru bench of the National…

Byju’s creditors to vote on resolution professional on Saturday – The Times of India

polite2 months ago04 mins

BENGALURU: Pankaj Shrivastava, the interim resolution professional at Byju’s, has convened a committee of creditors (CoC) meeting on Saturday, to vote on who would be the permanent resolution professional, as per sources.In accordance with a National Company Law Tribunal (NCLT) ruling, Glas Trust Company, the administrative agent appointed by a group of lenders of Byju’s,…