New Delhi, Nov. 28 -- The Supreme Court on Friday dismissed an appeal filed by Byju Raveendran challenging a judgment of the National Company Law Appellate Tribunal (NCLAT) that refused to treat the settlement of the Board of Control for Cricket in India's (BCCI) claim as a pre-Committee of Creditors (pre-CoC) settlement.
A Bench comprising Justice JB Pardiwala and Justice KV Viswanathan declined to interfere with the NCLAT's April 17 ruling, which had directed that BCCI's settlement proposal be placed before the Committee of Creditors (CoC) of Think & Learn Pvt Ltd, the parent company of Byju's.
In its April decision, the NCLAT's Chennai Bench held that BCCI's settlement proposal could not be treated as a pre-CoC settlement.
Since BCCI'...