“Without Aakash, Byju’s Will Not Be Worth Of Anything”: Byju’s Lenders Accuse Ex-Management of Diluting Aakash Stake

Lenders have accused Byju’s former management of attempting to dilute Think and Learn’s stake in Aakash, stressing its crucial role for the company’s value. The National Company Law Tribunal is involved, with several legal representatives addressing ongoing insolvency claims and management control over Aakash, amid ongoing disputes and pending applications.