Byju’s: BCCI and Riju Ravindran contest NCLT order on edtech’s insolvency resolution
The Board of Control for Cricket in India (BCCI) and Riju Ravindran, co-founder of Byju’s, have contested a National Company Law Tribunal (NCLT) order concerning the insolvency resolution of the edtech firm. This dispute, centred on a Rs 158-crore sponsorship deal settlement, arises from the NCLT’s directive to the Committee of Creditors (CoC) to decide…