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NCLT Orders Status Quo On Shareholding Of Aakash
- The National Company Law Tribunal (NCLT) has ordered a status quo on the shareholding of Aakash Institute.
- The order is in response to a plea filed by the resolution professional of BYJU’S.
- Aakash Institute is looking to amend its articles of association (AoA) for fundraise, but the process has been stuck in a legal limbo.
- The next hearing on the matter is scheduled for April 30.
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