Byju’s moves NCLAT Chennai against insolvency proceedings; hearing on July 29

The National Company Law Appellate Tribunal (NCLAT) in Chennai will hear Byju’s appeal against insolvency proceedings on July 29.On Tuesday, Senior Advocate Pramod Nair, representing Byju’s parent company, Think and Learn, made an urgent mention before the NCLAT bench comprising judicial member Sharad Kumar Sharma and technical member Jatindranath Swain. Nair emphasised the urgency, citing the need to pay salaries to the employees.