NCLT issues notice to Byju’s resolution professional on Aakash’s rights issue plea

December 16, 2025

, By The Economic Times

NCLT issues notice to Byju’s resolution professional on Aakash’s rights issue plea

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The Bengaluru bench of the National Company Law Tribunal (NCLT) on Monday issued a notice to Shailendra rel=”dofollow” href=”https://economictimes.indiatimes.com/ajmera-realty-infra-india-ltd/stocks/companyid-12071.cms” target=”_blank”>Ajmera, the resolution professional of Byju’s parent Think & Learn Pvt Ltd (TLPL), to submit a response to a petition filed by Aakash Educational Services questioning the legality of the funds raised by TLPL to subscribe to the rights issue.

The development follows Aakash moving the NCLT on December 9, seeking regulatory clarity and urging the tribunal to seek a report from the Reserve Bank of India (RBI) on the classification and permissibility…

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NCLT issues notice to Byju’s resolution professional on Aakash’s rights issue plea

December 16, 2025

, Published By The Economic Times

NCLT issues notice to Byju’s resolution professional on Aakash’s rights issue plea

The Bengaluru bench of the National Company Law Tribunal (NCLT) on Monday issued a notice to Shailendra rel=”dofollow” href=”https://economictimes.indiatimes.com/ajmera-realty-infra-india-ltd/stocks/companyid-12071.cms” target=”_blank”>Ajmera, the resolution professional of Byju’s parent Think & Learn Pvt Ltd (TLPL), to submit a response to a petition filed by Aakash Educational Services questioning the legality of the funds raised by TLPL to subscribe to the rights issue.

The development follows Aakash moving the NCLT on December 9, seeking regulatory clarity and urging the tribunal to seek a report from the Reserve Bank of India (RBI) on the classification and permissibility…

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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Previous News

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The Economic Times

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