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Informative

NCLT Refutes BYJU’s Bid to Halt Aakash’s EGM on Rights-Issue

Update / Judgement Date

26 Oct 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Other Legal Matters

The National Company Law Tribunal (NCLT) has rejected the attempt by BYJU’s to block the EGM of Aakash for its rights issue, reaffirming that restructuring or shareholder-rights contests must follow statutory procedure and proper forum. The ruling highlights the balance between corporate governance, minority shareholder rights and insolvency-resolution dynamics in India’s restructuring regime.