India, Nov. 20 -- Amid mounting controversies about the future of BYJU'S and its various subsidiaries including Aakash Educational Services, the National Company Law Tribunal (NCLT) reportedly blocked Aakash from passing a resolution to amend its Articles of Association (AoA).
According to a report by Moneycontrol, the tribunal passed an interim order today (November 20) preventing the company from making any changes to its governing structure until a final verdict is issued.
The move to make amendments in the AoA is said to have come as BYJU'S founder and CEO Byju Raveendran looked to sell a portion of his stake in Aakash to Manipal Education.
The verdict, which came during the hearing of "Singapore VII Topco I Pte.Ltd. & Others Vs Aa...
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