Board of Control for Cricket in India hints at settlement talks with Byju’s, NCLAT adjourns matter to July 31

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.