New Delhi, May 29 -- The Supreme Court on Thursday admitted the appeals filed by the promoters of Byju's challenging the NCLAT Chennai order which denied the withdrawal of insolvency proceedings initiated by the BCCI, despite a full and final settlement of dues prior to the constitution of the Committee of Creditors (CoC).
A vacation bench of Justices Vikram Nath and Sanjay Kumar also issued notices to Pankaj Srivastava, former interim resolution professional of Think and Learn, and US based Glas Trust company LLC.
The bench today heard arguments and scheduled the case for hearing on July 21. The apex court also said that the court will consider interim relief on the next date of hearing.
Appearing on behalf of Byju's promoters, Senior...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.