Wednesday, 20 November, 2024

NCLT Protects Minority Shareholders' Rights At Aakash Institute

The NCLT has barred Byju's-owned Aakash Institute from altering the rights of its minority shareholders amidst ongoing disputes. This decision ensures the protection of minority interests and maintains corporate governance standards. The tribunal's ruling follows concerns raised by shareholders over potential misuse of powers. The move aims to foster transparency and accountability in the management of the educational institute under Byju's ownership.