The Bar Council of Punjab and Haryana’s Privilege Committee has given a clean chit to 17 lawyers and M3M directors in the alleged bench hunting case before the High Court, citing no evidence of wrongdoing. The committee said media reports misrepresented the court proceedings and found “no mala fide intent” among those involved.
NCLAT Chennai today has approved Byju’s settlement with BCCI, halting insolvency proceedings against the edtech firm. Repayment source was confirmed, safeguarding financial creditors’ interests. The tribunal criticized unnecessary complexity and stressed the importance of settlement. With this decision, insolvency proceedings against Think and Learn will cease, and the firm will not form a Company of Creditors.
