
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 Limited’s (AESL) resolution to amend its Articles of Association (AoA), the coaching chain’s founder Jagdish Chand Chaudhary has now moved the Tribunal against the resolution. BYJU'S