NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlement
Aakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement talks for the Aakash shareholding dispute. The National Company Law Tribunal has adjourned the matter to July 16, expecting a resolution. This development follows reports of ongoing settlement discussions between Manipal Education and Medical Group and Byju's US lenders, aiming to resolve the complex valuation and division of Aakash's shares.
