Byju's challenges insolvency order in NCLAT, seeks urgent hearing amid financial turmoil: Report Byju's, once valued at $22 billion, has appealed an insolvency order at the National Company Law Appellate Tribunal (NCLAT), seeking an urgent hearing. The insolvency order was prompted by a plea from the Board of Control for Cricket in India (BCCI) over the non-payment of ₹158 crore.