{"id":845101,"date":"2024-08-16T10:29:28","date_gmt":"2024-08-16T04:59:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=845101"},"modified":"2024-08-16T10:29:28","modified_gmt":"2024-08-16T04:59:28","slug":"byjus-vs-bcci-sc-stays-nclat-order-that-set-aside-insolvency-case-against-edtech","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/16\/byjus-vs-bcci-sc-stays-nclat-order-that-set-aside-insolvency-case-against-edtech\/","title":{"rendered":"Byju\u2019s vs BCCI: SC stays NCLAT order that set aside insolvency case against edtech"},"content":{"rendered":"<p>The Supreme Court on Wednesday stayed the National Company Law Appellate Tribunal\u2019s (NCLAT) order, that approved the settlement deal between edtech major Think &amp; Learn Pvt Ltd, the parent of online educational services company BYJU&#8217;s, and the Board of Control for Cricket in India (BCCI).<\/p>\n<p>A bench headed by Chief Justice D Y Chandrachud, while issuing notice to Think &amp; Learn, its co-founder Byju Raveendran and BCCI, also stayed the NCLAT order that set aside the insolvency proceedings against Byju\u2019s and restored the board of the debt-ridden firm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Wednesday stayed the National Company Law Appellate Tribunal\u2019s (NCLAT) order, that approved the settlement deal between edtech major Think &amp; Learn Pvt Ltd, the parent of online educational services company BYJU&#8217;s, and the Board of Control for Cricket in India (BCCI). A bench headed by Chief Justice D Y Chandrachud, while issuing notice to Think &amp; Learn, its co-founder Byju Raveendran and BCCI, also stayed the NCLAT order that set aside the insolvency proceedings against Byju\u2019s and restored the board of the debt-ridden firm.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-845101","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/845101","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=845101"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/845101\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=845101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=845101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=845101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}