India, Feb. 13 -- Aakash Education Services Limited (AESL), along with its majority investors, has reportedly urged the National Company Law Tribunal (NCLT) to reject Glas Trust's petition to become a party to a case that seeks to stop the coaching chain from removing the reserved rights of its minority shareholders.

As per Economic Times, the coaching arm of troubled edtech BYJU'S, along with private equity (PE) firm Blackstone and Ranjan Pai's Manipal Education & Medical Group, made the contention before the tribunal on Wednesday (February 12).

The development came to pass while the NCLT was hearing a plea by Aakash's minority shareholders, who claim that the coaching chain is trying to "remove their rights" and confer special rights ...