Byju’s parent Think & Learn has appealed to NCLAT after NCLT refused to halt Aakash’s rights issue EGM, which could dilute ...
Ranjan Pai’s group already holds a 40% stake in Aakash, after investing about $300 million to help BYJU’S settle earlier debt ...
The Supreme Court dismissed petitions by Think & Learn’s resolution professional and Glas Trust, challenging Aakash ...
The tussle between Byju’s and Aakash Educational Services has intensified with the edtech major contesting the conduct of ...
Byju's has appealed to the National Company Law Appellate Tribunal against its refusal to halt Aakash Educational Services' ...
Glas Trust alleged the proposed rights issue would reduce the shareholding of Byju’s parent, Think & Learn, from around 25% ...
Other potential bidders are still weighing their options ahead of the November 13 deadline for EOI submissions.
Tribunal says insolvency of Byju's cannot be used to restrict a solvent subsidiary's commercial independence as Aakash ...
In his argument, counsel for Byju’s parent Think and Learn said the proposed rights issue would slash its stake in Aakash Educational Services — a key asset whose loss of value could significantly ...
The troubled edtech BYJU’s parent Think & Learn has moved the NCLAT against the order on AESL’s EGM to approve a rights issue ...
This comes after the Bengaluru bench of the National Company Law Tribunal (NCLT) dismissed Think and Learn’s plea for an ...
Manipal Group has submitted an express of interest (EoI) to BYJU’S insolvency resolution professional (IRP) amid its ...