{"id":852003,"date":"2024-09-05T08:58:28","date_gmt":"2024-09-05T03:28:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=852003"},"modified":"2024-09-05T09:03:16","modified_gmt":"2024-09-05T03:33:16","slug":"nclt-asks-us-lenders-of-edtech-company-byjus-to-file-fresh-appeal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/05\/nclt-asks-us-lenders-of-edtech-company-byjus-to-file-fresh-appeal\/","title":{"rendered":"NCLT asks US lenders of edtech company Byju&#8217;s to file fresh appeal"},"content":{"rendered":"<p>The National Company Law Tribunal (NCLT) on Wednesday deferred hearing on a plea filed by the Glas Trust, seeking a stay on the proceedings of the committee of creditors (CoC) from which it has been expelled, saying the US group representing Byju&#8217;s lenders can file a separate application if the matter doesn\u2019t come up for hearing in the Supreme Court in a week. <\/p>\n<p>The Bengaluru bench of the NCLT said that it cannot stop the proceedings of CoC as the go-ahead for its constitution and for conducting the meetings were given by the Supreme Court.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Tribunal (NCLT) on Wednesday deferred hearing on a plea filed by the Glas Trust, seeking a stay on the proceedings of the committee of creditors (CoC) from which it has been expelled, saying the US group representing Byju&#8217;s lenders can file a separate application if the matter doesn\u2019t come up for hearing in the Supreme Court in a week. The Bengaluru bench of the NCLT said that it cannot stop the proceedings of CoC as the go-ahead for its constitution and for conducting the meetings were given by the Supreme Court.<\/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-852003","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\/852003","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=852003"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852003\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=852003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=852003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=852003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}