NCLT issues notice to Byju's over BCCI plea claiming Rs 158 cr default
New Delhi, Dec 4: Insolvency tribunal NCLT has issued notice to Think & Learn Pvt Ltd, which provides online educational services under the brand name of Byju's, over a petition filed by the Board of Control for Cricket in India (BCCI).
The BCCI has filed a petition claiming dues of Rs 158 crore as an operational creditor under section 9 of the Insolvency & Bankruptcy Code 2016.
Admitting BCCI's plea, a two-member Bengaluru-based bench of the National Company Law Tribunal (NCLT) issued notice to Think & Learn on November 28, 2023.
The NCLT order further said, "two weeks is granted to the Respondent (Byju's) to file a reply and one week thereafter is granted to the Applicant (BCCI) to file rejoinder, if any, after duly serving the copy on the other side."
The tribunal has directed to list the matter on December 22, 2023, for the next hearing in this matter.
During the proceedings, BCCI's counsel informed NCLT that a general notice was issued to Byju's through an e-mail dated January 6, 2023, with a default amount of Rs 158 crore, excluding TDS.
Byju's first came on board back in 2019 when mobile manufacturer Oppo transferred the sponsorship rights to the online tutorial firm.
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Syria says Israeli strikes leave 18 dead in the biggest toll since the war in Gaza began
Masyaf (Syria), Sep 9: The number of people killed in overnight Israeli strikes in Syria has risen to 18 with dozens more wounded, Syria's health minister said on Monday — the largest death toll in such an attack since the beginning of the war in Gaza.
One of the sites targeted was a research centre used in the development of weapons, a war monitor said. Syrian officials said civilian sites were targeted.
Israel regularly targets military sites in Syria linked to Iran and the Lebanese group Hezbollah. Those strikes have become more frequent as Hezbollah has exchanged fire with Israeli forces for the past 11 months against the backdrop of Israel's war against Hamas — a Hezbollah ally — in Gaza.
However, the intensity and death toll of Sunday night's strikes were unusual.
There was no immediate comment from the Israeli military. Israel has carried out hundreds of strikes on targets inside government-controlled parts of war-torn Syria in recent years, but it rarely acknowledges or discusses the operations. The strikes often target Syrian forces or Iranian-backed groups.
Israel has vowed to stop Iranian entrenchment in Syria, particularly since Syria is a key route for Iran to send weapons to Hezbollah.
Israeli strikes hit several areas in central Syria, damaging a highway in Hama province and sparking fires, Syrian state news agency SANA said.
Speaking to reporters, Syrian Health Minister Hassan al-Ghabbash described the strikes as a “brutal and barbaric aggression”. He said the death toll had risen to 18 with nearly 40 wounded.
The Syrian Observatory for Human Rights, a UK-based war monitor, said 25 were killed, including at least five civilians, while the others included Syrian army soldiers and members of Hezbollah and other Iran-linked armed groups.
One strike targeted a scientific research centre in Masyaf, and others struck sites where “Iranian militias and experts are stationed to develop weapons in Syria”, the observatory said. It said the research centre was reportedly used for developing weapons, including short- and medium-range precision missiles and drones.
Minister of Electricity Mohammad al-Zamel said the strikes had caused “truly significant” damage to water and electricity infrastructure.
“This brutal attack targeted civilian targets, and the martyrs were mostly civilians, as were the wounded,” he said.
Local media also reported strikes around the coastal city of Tartous, which the observatory said were the result of air defense missiles falling.
On Monday afternoon, a charred car remained at the scene of one strike and smoke was still rising from some spots where fires had been put out.
