Tribunal says insolvency of Byju's cannot be used to restrict a solvent subsidiary's commercial independence as Aakash ...

Byju’s parent Think & Learn has appealed to NCLAT after NCLT refused to halt Aakash’s rights issue EGM, which could dilute ...

During the proceedings, Byju’s counsel argued that the rights issue violated the company’s Articles of Association and ...

GLAS Trust, controlling over 90% of creditor votes at BYJU'S, had previously sought a stay on the NCLT order, which the ...

Byju’s, the once celebrated edtech giant, has found itself embroiled in a prolonged legal and financial crisis. Delayed ...

NCLAT cleared Aakash Educational’s rights issue EGM, dismissing Glas Trust’s plea linked to Byju’s insolvency, calling IBC a ...

Byju's is challenging a National Company Law Tribunal order that allows Aakash Educational Services to hold an EGM for a ...

Observing that the value of Byju's stake in Aakash cannot be preserved if the subsidiary is commercially “killed”, the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, refused ...

The National Company Law Appellate Tribunal (NCLAT) has allowed Aakash Educational Services Ltd to proceed with its ...

The National Company Law Tribunal (NCLT) at Bengaluru on October 17 declined to stay the Extraordinary General Meeting (EGM) ...

The troubled edtech BYJU’s parent Think & Learn has moved the NCLAT against the order on AESL’s EGM to approve a rights issue ...

The tribunal's order mentioned that this is the second petition by Think & Learn Pvt Ltd, which operates under the brand name ...