New Delhi, Nov 3 (PTI) The Supreme Court on Monday dismissed a plea filed by Glas Trust, the US-based largest creditor of Think & Learn Pvt Ltd, challenging an order of the NCLAT that allowed the Aakash Educational Services Ltd (AESL) to hold its Extraordinary General Meeting (EGM) for a rights issue.

A bench of Justices P S Narasimha and A S Chandurkar upheld the October 28 order of the National Company Law Appellate Tribunal (NCLAT).

Reacting to the order, Sanjay Garg, Head-Legal of AESL, said, "Akash Educational Services Limited has a proud legacy of empowering students and shaping India's academic excellence for over three decades.

"We welcome the Hon'ble Supreme Court's dismissal of the Civil Appeals filed by GLAS Trust and the RP, which sought to misuse insolvency proceedings to d

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