NCLAT Sets Aside BCCI, Riju Raveendran's Plea On Settlement For Byju's

The NCLAT says the settlement proposal was filed after the formation of CoC, hence as the provisions of Section 12A of the Insolvency & Bankruptcy Code, it requires the approval of the lender's body.

Apr 19, 2025 - 05:30
 0
NCLAT Sets Aside BCCI, Riju Raveendran's Plea On Settlement For Byju's
The NCLAT says the settlement proposal was filed after the formation of CoC, hence as the provisions of Section 12A of the Insolvency & Bankruptcy Code, it requires the approval of the lender's body.

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