NCLAT Greenlights Aakash’s Rights Issue Amidst Byju’s Insolvency Dispute
The National Company Law Appellate Tribunal (NCLAT) has paved the way for Aakash Educational Services Ltd (AESL) to conduct its Extraordinary General Meeting (EGM) concerning a rights issue. This decision was made despite pushback from Glas Trust, a leading creditor in the insolvency proceedings involving Think & Learn Pvt Ltd, the parent company of…

