Byju’s US lender asks NCLAT to bar Aakash from amending articles of association
On Tuesday the NCLAT agreed to hear the plea, issued a notice to Aakash and Byju’s resolution professional, and deferred the ...
Business Line28d
Blackstone-backed Singapore Topco withdraws legal petition against Aakash
Following this move, it potentially allows Aakash to amend its AOA, restructure the company, fundraise, which was earlier opposed by the lender | Photo Credit: Zolnierek Private equity firm ...
moneycontrol.com28d
Blackstone-backed Singapore Topco withdraws plea against Aakash AoA changes, boosting Byju’s control
In a significant development, private equity firm Blackstone-backed Singapore Topco has withdrawn its legal petition before the National Company Law Tribunal (NCLT) against Aakash Educational ...
Devdiscourse13d
Legal Tussle Over Byju's Stake: GLAS Trust Moves to Halt AoA Amendments
GLAS Trust Company LLC has petitioned the NCLAT to prevent changes in Aakash Educational Services' Articles of Association. The move aims to protect minority shareholders' rights amid Byju's financial ...
Hindustan Times23d
'I am the Byju of BYJU'S': Raveendran, CEO of bankrupt edtech demands probe into EY-Glas Trust ‘collusion’
Ltd., Epic!, and Aakash Educational Services in 2021. By early 2022, the company’s valuation had soared to around $22 billion. However, challenges soon emerged. According to a Bloomberg report ...
ET Now on MSN14d
ICICI Securities delisting: Merger with ICICI Bank to go ahead? What NCLAT said
National Company Law Appellate Tribunal (NCLAT) dismissed petitions challenging ICICI Securities' delisting process from stock exchanges. NCLAT stated that the appellants failed to demonstrate any ...
cnbctv1827d
Blackstone-backed Singapore Topco withdraws legal plea against Aakash AoA amendments, strengthening Byju's position
In a notable development, Blackstone-supported Singapore Topco has retracted its legal challenge against Aakash Educational Services regarding proposed amendments to its Articles of Association (AoA), ...
Outlook Business23d
Byju’s CEO Accuses EY, Glas Trust of Collusion Amidst Bankruptcy Scandal
"I am the Byju of BYJUs" Byju Raveendran, founder and CEO of edtech company ... It expanded rapidly, acquiring companies like Great Learning, Epic and Aakash Educational Services in 2021. By early ...