The National Company Law Tribunal (NCLT) has recently ordered a status quo on the shareholding structure of Aakash Institute due to a legal conflict with Byju's, a significant player in India's ...

The verdict clears the way for Aakash to undertake its rights issue, a move that will dilute BYJU’S stake in Akash from 25.75% to less than 5% Last month, Aakash’s shareholders approved an increase in ...

In an order dated June 6, the NCLAT said that the interim NCLT order was “interlocutory in nature” and “consensual”, making it unfit for appellate review With this, the NCLAT has effectively upheld ...