Now, Aakash Founder Moves NCLT Against AoA Amendment

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SUMMARY

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…



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Now, Aakash Founder Moves NCLT Against AoA Amendment


SUMMARY

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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