Now, Aakash Founder Moves NCLT Against AoA Amendment

Chaudhary has moved the NCLT against Aakash and 22 others, seeking to restrain the respondents from undertaking the AoA amendment

Earlier, Singapore Topco and Glas Trust had moved the NCLT saying that the proposed AoA would lead to erosion of their stake in Aakash

While Singapore Topco withdrew its plea challenging the AoA in February, Glas Trust continues to oppose the AoA

About a month after Singapore Topco withdrew its petition from the National Company Law Tribunal (NCLT) challenging Aakash Education Services…