Byju's-BCCI settlement: SC stays NCLAT order
Business Standard|August 15, 2024
In a setback to Byju's, the Supreme Court on Wednesday stayed the order of National Company Law Appellate Tribunal (NCLAT) that allowed the edtech firm's 158.9 crore dues settlement with the Board of Control for Cricket in India (BCCI).
- BHAVINI MISHRA

"We are staying the judgement (of NCLAT).

This is unconscionable," observed the Bench, comprising Chief Justice D Y Chandrachud, and Justices JB Pardiwala and Manoj Misra.

The money that Byju's had paid to the BCCI would be kept in a separate escrow account, the Bench said.

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この蚘事は Business Standard の August 15, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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