SC to hear Glas Trust's plea against Aakash Rights issueOn Monday, the Supreme Court will review a petition submitted by Glas Trust, which takes issue with Aakash Educational Services' proposed r...
01 Nov, 2025, 12.16 AM IST
Aakash shareholders approve share capital increase ahead of rights issueRaising the share capital is an important step before floating a rights issue. Glas Trust, which represents Byju’s US lenders, had earlier ...
29 Oct, 2025, 10.19 PM IST
NCLAT rejects Byju's lenders' plea to halt Aakash EGM on rights issueThe National Company Law Appellate Tribunal has rejected a plea from Glas Trust, Byju's largest lender, to stop Aakash Educational Services...
28 Oct, 2025, 07.22 PM IST
Edtech Byju’s parent, US lenders move NCLAT to halt Aakash Educational Services EGMThis comes after the Bengaluru bench of the National Company Law Tribunal (NCLT) dismissed Think and Learn’s plea for an interim stay on th...
28 Oct, 2025, 11.09 AM IST
Byju's moves NCLAT on Aakash EGM for rights issueByju's has appealed to the NCLAT against an NCLT order that refused to halt Aakash Educational Services' EGM for a rights issue. The edtech...
27 Oct, 2025, 09.23 PM IST
Byju’s crisis timeline: From edtech giant to fighting legal battlesByju’s, the once celebrated edtech giant, has found itself embroiled in a prolonged legal and financial crisis. Delayed audits, funding sho...
25 Oct, 2025, 07.34 PM IST
NCLT declines relief to Byjus, refuses to stay Aakash EGM on rights issueIn his argument, counsel for Byju’s parent Think and Learn said the proposed rights issue would slash its stake in Aakash Educational Servi...
25 Oct, 2025, 01.41 PM IST
NCLAT rejects Byju's resolution professional's petition in Aakash shareholding rowThe order was challenged by Aakash before the High Court of Karnataka, which, after hearing both sides, on April 8, 2025 set aside the inte...
08 Jun, 2025, 08.05 PM IST
NCLT orders status quo on Aakash Institute shareholding amid legal disputeThe National Company Law Tribunal (NCLT) ordered Aakash Institute to maintain the status quo on its shareholding amidst a dispute over amen...
28 Mar, 2025, 11.34 AM IST
Glas Trust approaches NCLAT seeking to be heard in Aakash caseGlas Trust, representing Byju’s US lenders, seeks an NCLAT hearing on Aakash Institute’s governance changes. Despite Blackstone withdrawing...
11 Mar, 2025, 05.59 PM IST
Blackstone withdraws petition against Aakash Institute on changes in shareholder rightsThe company can now enforce the resolutions passed at the EGM in November last year to amend its articles of association, which would lead ...
24 Feb, 2025, 10.45 PM IST
NCLAT sends Aakash's AoA amendment case back to NCLTOn Friday, the Chennai bench of the National Company Law Appellate Tribunal disposed of the petitions filed by Manipal Health Systems and A...
07 Dec, 2024, 05.43 PM IST
SC stops Aakash Institute's plan to amend articles of associationTwo minority shareholders of Aakash Educational Services - Singapore VII Topco I Pte and BCP Asia Athena ESC (Cayman) – had moved the apex ...
30 Nov, 2024, 11.06 AM IST
NCLT refrains Byju's Aakash Institute from tinkering with minority shareholders rightsThe subsidiary of Think and Learn is trying to take away the rights of minority shareholders by amending the articles of association and co...
20 Nov, 2024, 09.41 PM IST
Byju's lenders oppose Aakash EGM on WednesdayQuestions resolution professional’s nod for Byju Raveendran to represent Think & Learn on Aakash’s board; says it violates the principle of...
19 Nov, 2024, 10.52 PM IST
Exclusive: Byju’s India CEO Arjun Mohan resigns, founder Raveendran to comeback at helm of daily opsByju Raveendran's return to the top of daily affairs after nearly four years is of significance as as a group of Byju’s investors voted in ...
15 Apr, 2024, 05.15 PM IST
Byju’s EGM: Sharp noises, ‘phishing’ attack delay cloud investor-led meeting to oust CEO RaveendranThe EGM has been called by a group of investors who are seeking to remove founder Byju Raveendran, his wife and brother from the board. The...
23 Feb, 2024, 11.49 AM IST