Byju’s settlement with BCCI stalemated by US lender

Bengaluru: The Board of Control for Cricket in India (BCCI) told the National Company Law Appellate Tribunal (NCLT) that it has reached a settlement with Byju’s regarding the pending repayment of over Rs 158 crores on Wednesday. However, the settlement was deferred by NCLT, after the move was challenged by a US-based financial lender who told the Tribunal that the settlement was “tainted” as it was being repaid with “stolen money”.