Byju's RP Moves NCLAT After Aakash Withholds Rights-Issue Shares Over FEMA Concerns

Sahyaja MS

8 Dec 2025 5:00 PM IST

  • Byjus RP Moves NCLAT After Aakash Withholds Rights-Issue Shares Over FEMA Concerns

    The resolution professional of debt-laden ed-tech Think and Learn Pvt Ltd (Byju's) has moved an application before the National Company Law Appellate Tribunal (NCLAT), Chennai after Aakash Educational Services refused to allot shares to the company in its recently concluded rights issue, even though forums from NCLT to Supreme Court had earlier declined to halt the process. Aakash has...

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