{"id":847092,"date":"2024-08-22T11:45:28","date_gmt":"2024-08-22T06:15:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=847092"},"modified":"2024-08-22T11:45:28","modified_gmt":"2024-08-22T06:15:28","slug":"byju-raveendran-explains-why-firm-has-not-paid-july-salaries-not-in-control","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/22\/byju-raveendran-explains-why-firm-has-not-paid-july-salaries-not-in-control\/","title":{"rendered":"Byju Raveendran explains why firm has not paid July salaries: \u2018Not in control\u2026&#8217;"},"content":{"rendered":"<p>Edtech firm Think and Learn, owner of Byju&#8217;s, has not paid the July salary to employees as the company was unable to access its accounts due to a temporary stay granted by the Supreme Court on the National Company Law Appellate Tribunal (NCLAT&#8217;s) decision, Byju Raveendran said. This comes after NCLAT approved the \u20b9158.9 crore dues settlement with BCCI and set aside insolvency proceedings against Byju&#8217;s on August 2. However, the Supreme Court on August 14 stayed the verdict of the insolvency appellate tribunal setting aside the insolvency proceedings against the company on the basis of a plea by US-based creditor Glas Trust Company LLC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edtech firm Think and Learn, owner of Byju&#8217;s, has not paid the July salary to employees as the company was unable to access its accounts due to a temporary stay granted by the Supreme Court on the National Company Law Appellate Tribunal (NCLAT&#8217;s) decision, Byju Raveendran said. This comes after NCLAT approved the \u20b9158.9 crore dues settlement with BCCI and set aside insolvency proceedings against Byju&#8217;s on August 2. However, the Supreme Court on August 14 stayed the verdict of the insolvency appellate tribunal setting aside the insolvency proceedings against the company on the basis of a plea by US-based [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-847092","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/847092","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=847092"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/847092\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=847092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=847092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=847092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}