The Supreme Court recently issued notice on an appeal challenging the National Company Law Appellate Tribunal (NCLAT) judgment holding that the application for withdrawal of the Corporate Insolvency Resolution Process (CIRP) of Think and Learn Pvt Ltd (trade name Byju’s) needed approval from 90 percent of the Committee of Creditors.
A bench of Justice Vikram Nath and Justice Sanjay Kumar stated that the prayer for interim relief would be considered on the next date of hearing, 21 July 2025. The appeal has been filed by filed by Riju Ravindran, suspended director and promoter of Think and Learn Pvt Ltd.
BCCI has also challenged the NCLAT judgment.
The appellants sought status quo of CIRP proceedings.
“Issue notice. Mr. Prateek Kumar,…
