NCLT Bengaluru refuses to stay Byju's EGM of March 29

The EGM had been scheduled to increase the authorised capital of its parent company Think and Learn Pvt Ltd, to give effect to the rights issue.

The National Company Law Tribunal (NCLT) at Bengaluru has refused to stay the extraordinary general meeting (EGM) called by the board of Byju's for March 29. [MIH Edtech Investments BV v. Think and Learn Pvt Ltd & Ors]

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