Not given a fair hearing by NCLT: Former Byju's resolution professional

The former resolution professional (RP) of Byju’s, Pankaj Srivastava, told the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) on Thursday that he was not given a fair hearing before the National Company Law Tribunal (NCLT), Bengaluru.

 

Srivastava told the NCLAT that the NCLT, Bengaluru, did not hear him in the absence of his lawyers and that the disciplinary action initiated against him was unfair.

 

The NCLT had ordered disciplinary action against the then resolution professional (RP), Pankaj Srivastava, and rejected his decision to exclude Glas Trust and Aditya Birla Finance from the Committee of Creditors (CoC) of the edtech firm.

 

On Thursday, a judicial member of the NCLAT, Justice (retd) Sharad Kumar Sharma, also recused himself from the hearing since he had represented the Board of Control for Cricket in India (BCCI) in the past.