Aakash to NCLAT: Don’t want to go Byju’s way, need funds

Aakash Educational Services on Friday defended its move to amend the articles of association (AoA), stating that it was required for the company’s survival and future growth.

“We don’t want to go down the path of Think and Learn, parent firm of Byju’s. We want to stay afloat,” Aakash’s senior counsel told the National Company Law Appellate Tribunal (NCLAT).