{"id":843245,"date":"2024-08-12T09:29:52","date_gmt":"2024-08-12T03:59:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=843245"},"modified":"2024-08-12T09:48:09","modified_gmt":"2024-08-12T04:18:09","slug":"insolvency-quashing-order-us-lenders-to-byjus-file-appeal-in-sc","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/12\/insolvency-quashing-order-us-lenders-to-byjus-file-appeal-in-sc\/","title":{"rendered":"Insolvency-quashing order: US lenders to Byju&#8217;s file appeal in SC"},"content":{"rendered":"<p>Some overseas lenders to edtech startup Byju&#8217;s have appealed to the Supreme Court (SC) opposing a verdict that had quashed insolvency proceedings against the embattled firm. <\/p>\n<p>US-based Glas Trust, representing some lenders of a Byju\u2019s group company, on August 7 filed an appeal before the apex court, challenging the National Company Law Appellate Tribunal (NCLAT)\u2019s verdict that allowed Byju\u2019s and Board of Control for Cricket in India (BCCI), the cricket control board of the country, to settle a $19 million payment case.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some overseas lenders to edtech startup Byju&#8217;s have appealed to the Supreme Court (SC) opposing a verdict that had quashed insolvency proceedings against the embattled firm. US-based Glas Trust, representing some lenders of a Byju\u2019s group company, on August 7 filed an appeal before the apex court, challenging the National Company Law Appellate Tribunal (NCLAT)\u2019s verdict that allowed Byju\u2019s and Board of Control for Cricket in India (BCCI), the cricket control board of the country, to settle a $19 million payment case.<\/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":[9,34,4],"tags":[],"class_list":["post-843245","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/843245","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=843245"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/843245\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=843245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=843245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=843245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}