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AAKASH INSTITUTE NCLT
Aakash CFO Vipan Joshi steps down amid senior-level exits, funding challengesThis follows the exit in August of managing director and chief executive officer Deepak Mehrotra, who served in the role for a little over ...- SC rejects Byju’s lender's plea; clears path to Rs 240-crore rights issueThe Supreme Court dismissed petitions by Think & Learn’s resolution professional and Glas Trust, challenging Aakash Educational Services to...
- 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...
- 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...
- Aakash Educational Services sends another legal notice to EYAakash, in which Think & Learn holds a minority stake, accused EY of conflict of interest and professional misconduct. The notice alleged t...
- 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...
- India vs X; Smallcase's funding boostThe Indian government will fight allegations by Elon Musk's X about content regulation and censorship. This and more in today’s ETtech Top ...
- 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...
- 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...
- Market slump spooks startups; Blinkit gets a Rs 1,500-crore top-upHappy Tuesday! The recent stock market downturn has sounded an alarm for IPO-bound new-age companies. This and more in today’s ETtech Morni...
- 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 ...
- Hiring sprouts in smaller IT cos; Blackstone and Aakash InstituteEven as sector majors retreated, mid and small-cap IT firms and GCCs have stepped up hiring. This and more in today’s ETtech Top 5.
- Aakash, Blackstone, Manipal Group oppose Glas Trust’s intervention in minority rights suitThe coaching operator urged the bench to reserve the order but the bench declined to do so.
- NCLT agrees to hear Glas Trust in Aakash minority shareholder rights caseThe NCLT allowed Glas Trust, representing US lenders of Byju’s, to be heard in a case regarding Aakash Institute. The case involves dispute...
- Aakash’s backers slam AoA tweak plan at NCLTSenior advocate Darius Khambata, representing the minority shareholders, said that these articles are legally binding and would take preced...
- Aakash Institute seeks NCLT nod to amend Articles of Association amid shareholder feudThis follows the subsidiary of Think & Learn, the parent company of embattled edtech firm Byju’s, seeking to remove the rights of minority ...
- NCLT questions Byju’s RP over CoC reconstitution and governance issues amid insolvencyThe NCLT Bengaluru bench questioned Byju’s insolvency resolution professional (RP) Pankaj Srivastava over the reconstitution of its credito...
- 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...
- 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...
- 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...
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