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NCLAT judicial member recuses from Riju Raveendran plea

The Supreme Court had on October 23 last year allowed an appeal filed by US-based financial creditor Glas Trust challenging the NCLAT decision to halt insolvency proceedings initiated against Think & Learn, the parent company of Byju’s. The judgment set aside the NCLAT order which accepted a settlement between Byju Raveendran and the BCCI, on whose plea…