BYJU’S Settles Rights Issue Dispute With Aakash

by · Inc42

SUMMARY

  • BYJU'S has reportedly reached a settlement with Aakash Educational Services Limited (AESL) over the dispute over the latter’s rights issue
  • This comes months after BYJU’S creditors approved a proposal to settle the long-running dispute over AESL’s shareholding before the Bengaluru bench of the NCLT
  • BYJU’S senior advocate Abhinav Vasisht and senior advocate C K Nandakumar on Aakash’s behalf, informed the NCLT’s Bengaluru about the settlement