The Delhi High Court dismissed a case against a man accused of sending obscene messages to a woman, ordering him to complete three months of community service and imposing a Rs 25,000 fine. Additionally, the man must plant 50 trees in his locality and take care of them. Failure to comply will result in further legal action.
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.
![[Byju's Insolvency Case] Resolution Professional (RP) Are Creating 'Chaos': Creditor To NCLT](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/08/image-44.png?resize=447%2C367&ssl=1)
The NCLAT Chennai expected to announce its decision on Byju Raveendran’s appeal against insolvency proceedings on August 2. This ruling will impact the disputed Rs.158 crore settlement between Raveendran and the BCCI. The case revolves around the initiation of insolvency proceedings against Byju’s parent company, and the source of funds used for the settlement is under scrutiny.
Today(on 31st July), The BCCI has resolved its cricket jersey sponsorship dispute with Byju’s, with Byju’s agreeing to repay over Rs.158 crores to the BCCI. However, a US-based financial creditor opposes the settlement, alleging illicit funds. The NCLAT is examining the situation. Byju’s insolvency proceedings are also ongoing, with various legal actions at different courts.
The Delhi High Court quashed a case against a 61-year-old man accused of outraging a woman’s modesty, after an amicable settlement. The judge, Justice Mendiratta, emphasized that continuing the case would be an abuse of the court process. Instead of monetary costs, the accused was directed to plant 30 trees, emphasizing the importance of the settlement.
The Delhi High Court dismissed a criminal case after a settlement, requiring the accused to assist the traffic police for 30 days. This innovative approach aims to promote community service as a post-settlement resolution in legal matters. The court emphasized collaborative efforts between legal and law enforcement entities, highlighting the power to dismiss proceedings with settlements.