{"id":840419,"date":"2024-08-02T10:40:56","date_gmt":"2024-08-02T05:10:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840419"},"modified":"2024-08-02T10:47:55","modified_gmt":"2024-08-02T05:17:55","slug":"bcci-tells-nclat-it-has-settled-dues-with-byjus-proposal-opposed-by-us-based-creditor","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/02\/bcci-tells-nclat-it-has-settled-dues-with-byjus-proposal-opposed-by-us-based-creditor\/","title":{"rendered":"BCCI tells NCLAT it has settled dues with Byjus, proposal opposed by US-based creditor"},"content":{"rendered":"<p>The Board of Control for Cricket in India (BCCI) on Wednesday informed the National Company Law Appellate Tribunal (NCLAT) it has reached a settlement with Byju\u2019s on the repayment of over Rs 158 crore due to it by the edtech company.<\/p>\n<p>However, the settlement was opposed in court by the GLAS Trust Company LLC, one of Byju\u2019s US-based creditors, which questioned the provenance of the funds that Byju\u2019s would pay BCCI with.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Board of Control for Cricket in India (BCCI) on Wednesday informed the National Company Law Appellate Tribunal (NCLAT) it has reached a settlement with Byju\u2019s on the repayment of over Rs 158 crore due to it by the edtech company. However, the settlement was opposed in court by the GLAS Trust Company LLC, one of Byju\u2019s US-based creditors, which questioned the provenance of the funds that Byju\u2019s would pay BCCI with.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-840419","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840419"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840419\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}