MUMBAI ,The Board of Control for Cricket in India (BCCI) announced on December 4 that the troubled edtech firm Byju’s has defaulted on a payment of Rs 158 crore, as per information available on the National Company Law Tribunal (NCLT) website.
As per the NCLT website, a general notice was issued to BYJU’s via email on January 6, 2023, regarding the default amount of Rs.158 crore (excluding TDS).
The NCLT has granted a two-week period for Byju’s to file a reply in the case, followed by an additional week for BCCI to file a rejoinder.
This is a developing story; please check back for updates.
