Aakash AoA: SC stops plan, tells NCLAT to take call

The Supreme Court on Friday directed Aakash Educational Services not to give effect to the extraordinary general meeting (EGM) resolution to amend its Articles of Association (AoA).

A bench of chief justice of India Sanjiv Khanna and justice PV Sanjay Kumar directed the institute, which is a subsidiary of Think and Learn, which runs edtech platform Byju’s, to approach the National Company Law Appellate Tribunal (NCLAT) in seven days.