Published on : 25 Oct 2025, 3:41 am 2 min read

The National Company Law Tribunal (NCLT) at Bengaluru on October 17 declined to stay the Extraordinary General Meeting (EGM) of Aakash Educational Services Ltd (AESL) slated to be held on October 29 [Think & Learn Vs Aakash Education Services Limited].

A Bench of Judicial Member Sunil Kumar Aggarwal and Technical Member Radhakrishna Sreepada rejected the plea by Think & Learn Pvt Ltd (Byju’s) seeking a stay on the proposed EGM where a rights issue is to be considered.

Byju's is one of the shareholders in AESL.

This was the second petition filed by Byju's under Sections 241–242 of the Companies Act, 2013 alleging oppression and mismanagement by AESL.

Byju’s, represented by Senior Advocate Abhinav Vasisht , argued that AES

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