New Delhi, July 30
The BCCI on Tuesday sought a day's adjournment at appellate insolvency tribunal NCLAT, saying talks are going on with Byju's, hinting at the possibility of a settlement.
When the hearing on the plea filed by Byju's promoter against insolvency proceedings started at The National Company Law Appellate Tribunal (NCLAT), Solicitor General of India Tushar Mehta — appearing for the cricket body — informed the bench that "some talks" are on.
He requested the bench to adjourn for a day, which was accepted by the new bench.
The NCLAT was hearing a petition filed by Raveendran challenging the initiation of insolvency proceedings against Think amp; Learn, which runs the edtech company Byju's. — PTI