[BYJU’s Case] CJI to Hear Plea Related to Insolvency Proceedings Against ED Tech Firm Byju’s on 17 Sept

The Supreme Court will hear a US creditor’s appeal against an NCLAT judgment on September 17. The judgment halted insolvency proceedings against BYJU’s and approved its Rs 158.9 crore settlement with the BCCI. The court has agreed to hear another related plea on the same date, following multiple requests to expedite the hearing.

Supreme Court Stays NCLAT Order Approving Rs.158.9 crore Dues Settlement of Byju’s with BCCI

Today(on 14th August), the Supreme Court stayed the NCLAT verdict approving a Rs 158.9 crore settlement between Byju’s and the BCCI. The court also stayed the NCLAT decision that had set aside the insolvency proceedings against Byju’s.