BCCI files insolvency plea against Byju's before NCLT citing default in payment of ₹158 crore

BCCI filed the plea before the NCLT at Bengaluru after Byju's reportedly failed to pay the amount due to BCCI under a sponsorship contract for the Indian cricket team.

Byju's

Published on:

04 Dec 2023, 9:14 am

2 min read

The Board of Control for Cricket in India (BCCI) has approached the National Company Law Tribunal (NCLT) at Bengaluru to initiate corporate insolvency proceedings against EdTech company, Byju's for allegedly defaulting on the payment of ₹158 crores [BCCI v. M/s. Think & Learn Pvt. Ltd.]

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NCLT

BCCI

Board of Control for Cricket in India

Cricket

Byju's