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SUMMARY
AESL has urged 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
Glas Trust, which represents the US-based creditors of BYJU’S, wants to be a party to the case as the insolvency plagued edtech startup is a minority shareholder in Aakash
NCLT is hearing a plea by Aakash’s minority shareholders, who claim that the coaching chain is trying to “remove their rights” and confer special rights on Manipal…
