Regulatory & Legal
Mint23 Sept 2026, 7:15 pm IST
Byju’s parent and Aakash resolve rights issue dispute
What happened
- Think & Learn (Byju’s parent) and Aakash Educational Services have settled their legal dispute regarding a rights issue.
- The settlement was announced to the NCLT (a court for company law matters) by lawyers for both sides.
- Separately, the NCLT has ordered a status quo on assets auctioned by Byju’s parent company amid allegations of a low-value sale.
Key terms explained
Financial terms from this story, in everyday words.
- NCLT
- National Company Law Tribunal, a government body that handles disputes and insolvency cases for companies.
- Status quo
- An order to keep things exactly as they are and stop any further changes or sales until a case is decided.
Original source
Mint
Was this summary clear?
For information only — not investment advice.Summarized automatically; always check the original before acting.