NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlement (opens original article in a new tab)

The National Company Law Tribunal (NCLT) has postponed hearings on Aakash-related matters to July 16 as parties work on a settlement for the ongoing shareholding dispute. The dispute involves how Aakash's value is divided among stakeholders, with discussions at an advanced stage. The tribunal expects a solution from the deliberations.

• Aakash Educational Services and Think & Learn's resolution professional requested NCLT to defer hearing on Aakash-related matters due to ongoing settlement discussions
• NCLT scheduled the matter for July 16, expecting a solution from the discussions
• Settlement talks involve Manipal Education, GLAS Trust, and parties related to Byju's group over Aakash shareholding dispute