SC halts CoC meetings at Byju’s; tells resolution professional to maintain status quo

Reserving its verdict on an appeal by US lender GLAS Trust Co LLC against the NCLAT’s order approving a settlement deal between Think & Learn Pvt Ltd, the parent of Byju’s, and the BCCI, the apex court questioned Byju's decision to settle the Rs 158 crore debt owed to the BCCI while leaving unpaid Rs 15,000 crore dues of other creditors, including Glas Trust.
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