Byjus vs BCCI row: Edtech firm seeks to settle debt with cricket board

Byju’s is in talks to settle the dues it owes India’s cricket governing body, lawyers for both sides told a court Tuesday, raising the prospect that the online tutoring startup may resolve a key dispute and avert insolvency proceedings.

Byju’s has “almost resolved” the matter with the Board of Control for Cricket in India and will pay “a certain tranche of the money” by this evening, Arun Kathpalia, a lawyer representing the company told the National Company Law Appellate Tribunal at a hearing. The NCLAT will next hear the matter on Wednesday.