SC Rejects Appeal Against NCLAT Order

An SC bench, comprising Justices JB Pardiwala and KV Viswanathan, upheld the appellate tribunal’s verdict, and refused to intervene in the matter.

In April, NCLAT refused to treat BCCI’s claim as a pre-CoC settlement and directed it to place its proposal before the CoC of BYJU’S

Insolvency proceedings against BYJU’S began after BCCI moved to recover dues worth INR 158.90 Cr. However, the edtech later settled the case and the board sought withdrawal of the plea

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