Byju gets Byju's back as startup exits insolvency

While setting aside the National Company Law Tribunal's (NCLT's) July 16 order that allowed insolvency proceedings to be initiated against Byju's, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) said that if Riju Ravindran defaults on the terms of the settlement with BCCI, the order will be revived.