te BCCI takes edtech firm Byju's to NCLT over sponsorship dues | Zee Business

BCCI takes edtech firm Byju's to NCLT over sponsorship dues

A report published in 'The Morning Context' stated, the case, filed in September and registered earlier this month, is related to a dispute around the sponsorship of the Indian cricket team's jerseys.

BCCI takes edtech firm Byju's to NCLT over sponsorship dues
The BCCI officials were unavailable to comment on the matter. Image Courtesy: X/ @venkateshprasad

The Board of Control for Cricket in India (BCCI) has taken Think & Learn, the parent company of Byju's, to the National Company Law Tribunal (NCLT), reports said.

A report published in 'The Morning Context' stated, the case, filed in September and registered earlier this month, is related to a dispute around the sponsorship of the Indian cricket team's jerseys.

“There is no way to be sure about the amount, but it can vary between Rs 100 crore and Rs 250 crore,” it said. "Byju's wanted to exit its jersey sponsorship deal with the BCCI in December 2022." The BCCI officials were unavailable to comment on the matter.

Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.

Written By: IANS
Updated: Wed, Nov 29, 2023
02:30 pm
IANS
RELATED NEWS
Byju's in talks with BCCI to settle Rs 158 crore sponsorship dues: Report Byju's in talks with BCCI to settle Rs 158 crore sponsorship dues: Report
Virat Kohli returns home due to family emergency, Gaikwad ruled out of series Virat Kohli returns home due to family emergency, Gaikwad ruled out of series

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x