Insolvency Proceedings against Byjus on default of Rs. 158 Crores: NCLT admits Plea by BCCI [Read Order]

The NCLT admitted the CIRP petition against Think & Learn Pvt. Ltd. on the existence of a debt and a default in the payment of debt of Rs. 158.90 crores.
By Yogitha S. Yogesh - On July 18, 2024 1:27 pm - 2 mins read
NCLT - BCCI's Against - Insolvency Proceedings - NCLT Admits - National Company Law Tribunal - Board of Control for Cricket in India - Insolvency and Bankruptcy Code - taxscan

The Bengaluru bench of the National Company Law Tribunal ( NCLT ) admitted the Insolvency plea by the Board of Control for Cricket in India ( BCCI ) against Think & Learn Private Limited, the Corporate Debtor under Section 9 of Insolvency and Bankruptcy Code, 2016 ( IBC ) for default of Rs. 158.90 crores….

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader