New Delhi, July 21 -- The Supreme Court on Monday dismissed pleas filed by the Board of Control for Cricket in India (BCCI) and Byju's co-founder Riju Raveendran challenging a NCLAT Chennai order which denied the withdrawal of insolvency proceedings initiated by the BCCI.

A bench comprising Justices JB Pardiwala and R Mahadevan refused to interfere with the NCLAT's April 17 order.

On April 17, the National Company Law Appellate Tribunal (NCLAT) had set aside the appeals filed by BCCI and Byju's Riju Ravindran seeking withdrawal of insolvency proceedings against Byju's.

NCLAT had held that any application to withdraw the Corporate Insolvency Resolution Process (CIRP) against Think & Learn Pvt. Ltd. (the company running Byju's) requires ...