[Update] BYJU’S Moves NCLAT Against Aakash’s EGM

The troubled edtech BYJU’s parent Think & Learn has moved the NCLAT against the order on AESL’s EGM to approve a rights issue

Senior advocate CA Sundaram sought a stay to protect the interest of Think & Learn, which currently holds about 25% stake in AESL

Senior advocate Gopal Subaramanium, appearing for the respondents, said the EGM meeting on October 29 is only for AESL shareholders’ resolution

Update | 10:55 IST

Days after the NCLT rejected BYJU’S plea for an…