'You Have ₹ 15,000 Crore Due Why Only Settle BCCI's': Supreme Court To Byju's

Thursday, 26 September 2024Newsdesk
'You Have ₹ 15,000 Crore Due Why Only Settle BCCI's': Supreme Court To Byju's
The insolvency appellate tribunal NCLAT did not apply its mind while closing insolvency proceedings against Byju's, the Supreme Court said.

New Delhi 26 September 2024

As per news report of NDTV,The Supreme Court has questioned why crisis-hit ed-tech major Byju's chose to settle its dues only with the BCCI despite being in ₹ 15,000 crore debt. The insolvency appellate tribunal NCLAT did not apply its mind while closing insolvency proceedings against the firm, the top court has said.

Source - NDTV

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