🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Log In
News on Medial
NCLAT Likely To Rule On BYJU’S-BCCI Roe On Aug 2
Inc42
·
1y
Yesterday, the NCLAT put off its decision on approving the INR 158 Cr settlement between BYJU'S and the BCCI. Meanwhile, a US Bankruptcy Court has ordered Riju Ravindran, brother of Raveendran (BYJU'S founder), to pay $10,000 a day until he assists in locating $533 Mn that his company allegedly hid from US lenders. The dispute is centered around BYJU'S $1.2 Bn Term B Loan from US-based lenders.
5
View Source
Comments
See More Comments
More Like this
NCLAT member recuses from hearing appeal in Byju’s case
Relief For BYJU’S As NCLAT Allows Settlement With BCCI; Sets Aside Insolvency Proceedings
BYJU’S US Lenders Move SC Against NCLAT Order To Quash Insolvency Proceedings
Byju’s vs BCCI: SC stays NCLAT order that set aside insolvency case against edtech
Byju’s insolvency: Brothers move court to keep creditors away from ₹158 cr settlement
Karnataka HC rejects Byju’s plea in BCCI case; edtech firm to move NCLAT on Monday
BYJU’S Pays First Tranche Of INR 50 Cr To BCCI
US bankruptcy court dismisses lenders’ plea against Byju’s-BCCI settlement
BYJU’S Courtroom Drama: Karnataka HC Disposes Of Byju Raveendran’s Plea
SC Questions NCLAT’s Decision To Approve BYJU’S-BCCI Settlement
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
May 2025
BugBytes
GenAlpha masters STEM with Cinderella & Ganesha.
PixelPeak
Bringing hope to life, one thought at a time.
PenseeWeb Studios
When Study Apps Failed, We Built Our Own System
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in