NCLAT Greenlights Aakash's Rights Issue Amidst Byju's Insolvency Dispute
Published on: Oct. 28, 2025, 5:47 p.m. | Source: Devdiscourse
The National Company Law Appellate Tribunal (NCLAT) has allowed Aakash Educational Services Ltd to proceed with its Extraordinary General Meeting (EGM) for a rights issue, despite objections from Glas Trust, which is related to the insolvency case of Byju's parent company. Glas Trust's application was dismissed.
