8/8/2024, 1:35:04 pm

U.S. Court Says It Won't Stop Byju's Debt Payment To BCCI

A U.S. court has dismissed an insolvency case against Indian edtech behemoth Byju’s, refusing to stop the company from making a payment to the Board of Control for Cricket in India (BCCI) despite efforts by the firm’s U.S. lenders. What Happened: U.S. Bankruptcy Judge Brendan Shannon rejected a lender’s plea to stop Riju Ravindran, the brother of Byju’s founder.