BCCI settlement: Supreme Court to hear Byju's insolvency...

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BCCI settlement: Supreme Court to hear Byju's insolvency appeals

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The Supreme Court has admitted appeals from Byju's promoters and BCCI regarding the edtech firm's insolvency proceedings. These appeals challenge the NCLAT's refusal to allow insolvency withdrawal, citing a pre-CoC settlement of Rs 158 crore. The promoters argue the settlement was reached before the committee of creditors was formed, seeking to halt the CIRP.

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