Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
NCLAT Grants Creditors Final Say on Byju's Deal with BCCI
Hindustan Times Pune
|April 19, 2025
The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by Riju Raveendran, suspended director of bankrupt edtech firm Byju's, to prevent its creditors from deciding on a ₹158 crore settlement with India's cricket board.
NEW DELHI:
The decision by the NCLAT's Chennai bench on Thursday deals a significant blow to both Riju and founder Byju Raveendran, as it effectively gives the creditors all the powers to decide the fate of the ₹158 crore settlement, keeping the promoters out from decision-making on the issue. The committee of creditors (CoC) is dominated by creditors who oppose the settlement.
This story is from the April 19, 2025 edition of Hindustan Times Pune.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Pune
Hindustan Times Pune
Case for controlling India’s digital future
One tweet from Washington could silence a billion Indian voices. New Delhi needs to look beyond WhatsApp and Meta
4 mins
October 31, 2025
Hindustan Times Pune
4 HINDU MEN HELD OVER GRAFFITI ON TEMPLE WALLS
The Uttar Pradesh Police on Thursday arrested four Hindu men for allegedly writing “I Love Mohammad” on walls of four temples in the Lodha area of Aligarh district in an attempt to create communal tension in the region, officials said.
1 min
October 31, 2025
Hindustan Times Pune
Israeli strikes in Gaza test fragile truce deal
Israeli planes and tanks pounded areas in eastern Gaza on Thursday, Palestinian residents and witnesses said, a day after Israel said it remained committed to a US-backed ceasefire despite launching more lethal bombardments in the territory.
1 min
October 31, 2025
Hindustan Times Pune
Russia strikes Ukraine, killing 3
Russia launched a barrage of drones and missiles at Ukraine's energy infrastructure overnight, forcing nationwide power restrictions and Killing three people, including a seven-year-old girl, officials said on Thursday.
1 min
October 31, 2025
Hindustan Times Pune
Patel at 150: A life in service of the nation
When India gained independence on August 15, 1947, the British left behind a fractured subcontinent that included more than 560 princely states. Without geographical unity, its hard-won freedom would have been hollow. With vision, determination, and an unyielding will, Sardar Vallabhbhai Patel, India’s first deputy prime minister and home minister, forged these scattered principalities into a single nation, giving independent India its shape and strength. However, the efforts of this great unifier did not receive the recognition he deserved.
4 mins
October 31, 2025
Hindustan Times Pune
Buddhist scholar brought to life in music and dance
Anew dance production presenting the life story of the Buddhist scholar Kumarajiva (343-413), one of the greatest Sanskrit-to-Chinese translators of Buddhist scriptures, will take to the stage in Shanghai on November 7.
2 mins
October 31, 2025
Hindustan Times Pune
Jemimah special helps ace record chase
A stunning knock of 127 off 134 balls from Jemimah took India home by five wickets to set up Sunday's final vs South Africa
3 mins
October 31, 2025
Hindustan Times Pune
Litchfield’s classic becomes a footnote in India’s superb win
Phoebe Litchfield cover driving asa 16-year-old was the first sighting, The clip went viral, which helped the New South Wales batting sensation to speed through the meritorious Australian women's cricket biosphere.
2 mins
October 31, 2025
Hindustan Times Pune
China now seems closer as flights are resumed
Along-awaited daily direct flight service between New Delhi and Guangzhou will begin in November, the airline IndiGo says, which will boost exchanges between the world’s two most populous countries.
2 mins
October 31, 2025
Hindustan Times Pune
Hyundai Motor India Q2 profit up 14.3%
Hyundai Motor India Ltd on Thursday reported a 14.3% rise in consolidated net profit to ₹1,572.26 crore in the second quarter ended September 30, 2025, riding on robust exports.
1 mins
October 31, 2025
Listen
Translate
Change font size