NCLT BYJU Notice | BCCI BYJU Payment | BCCI BYJU Payment Defaulter

Sportstigerupdates04 Dec, 2023News

The Insolvency Tribunal NCLT has issued notice to Think & Learn Pvt Ltd, the company providing online educational services under the brand Byju?s, after a petition filed by the Board of Control for Cricket in India (BCCI). The BCCI has filed a petition arguing dues of INR 158 crore as an operational creditor under section 9 of the Insolvency & Bankruptcy Code 2016. "It is stated that the General notice was issued to BYJU?s vide email dated 06.01.2023 and the default amount of Rs.158 crore. excluding TDS as reflected," the NCLT website stated.

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