Talks on with Byju’s to settle dues: BCCI

PTI

Updated At : 02:37 AM Jul 31, 2024 IST

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New Delhi, July 30

The BCCI on Tuesday sought a day’s adjournment at appellate insolvency tribunal NCLAT, saying talks are going on with Byju’s, hinting at the possibility of a settlement.

When the hearing on the plea filed by Byju’s promoter against insolvency proceedings started at The National Company Law Appellate Tribunal (NCLAT), Solicitor General of India Tushar Mehta — appearing for the cricket body — informed the bench that “some talks” are on.

He requested the bench to adjourn for a day, which was accepted by the new bench.

The NCLAT was hearing a petition filed by Raveendran challenging the initiation of insolvency proceedings against Think amp; Learn, which runs the edtech company Byju’s.

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