{"id":4606,"date":"2024-10-23T15:38:34","date_gmt":"2024-10-23T15:38:34","guid":{"rendered":"https:\/\/newsfortnite.com\/index.php\/2024\/10\/23\/supreme-court-has-this-huge-setback-for-byjus\/"},"modified":"2024-10-23T15:38:34","modified_gmt":"2024-10-23T15:38:34","slug":"supreme-court-has-this-huge-setback-for-byjus","status":"publish","type":"post","link":"https:\/\/newsfortnite.com\/index.php\/2024\/10\/23\/supreme-court-has-this-huge-setback-for-byjus\/","title":{"rendered":"Supreme Court has this &#8216;huge setback&#8217; for Byju&#8217;s"},"content":{"rendered":"<p>The Supreme Court has overturned a prior NCLAT decision that halted insolvency proceedings against Byju&#8217;s, criticising NCLAT for overstepping its authority. The court ruled that the insolvency resolution professional, not the corporate debtor, should handle withdrawal applications. Byju&#8217;s had defaulted on a Rs 158 crore sponsorship deal with the BCCI.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Supreme Court has overturned a prior NCLAT decision that halted insolvency proceedings against Byju&#8217;s, criticising NCLAT for overstepping its authority. The court ruled that the insolvency resolution professional, not the corporate debtor, should handle withdrawal applications. Byju&#8217;s had defaulted on a Rs 158 crore sponsorship deal with the BCCI.<\/p>\n","protected":false},"author":0,"featured_media":4607,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/4606"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=4606"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/4606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/4607"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=4606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=4606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=4606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}