NCLAT approves BYJU’S settlement with BCCI, sets aside insolvency plea against edtech firm

Bengaluru: The National Company Law Appellate Tribunal (NCLAT), on Friday, approved the settlement between Byju’s and the Board of Control for Cricket in India (BCCI) of Rs 158.9 crore, hence pulling the beleaguered ed-tech company out of bankruptcy proceedings for the time being.