NCLAT Dismisses Byju's Settlement Plea, Upholds Insolvency

BrunGa

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NCLAT Dismisses Byju's Settlement Plea, Upholds Insolvency They had challenged the order passed by the Bengaluru bench of the National Company Law Tribunal (NCLT), which had on February 10, 2025 directed to place their settlement offer before the new Committee of Creditors (CoC), in which US-based Glas Trust, the trustee for lenders to which Byju's owes $1.2 billion, is a member.
 
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