Aakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement talks for the Aakash shareholding dispute. The National Company Law Tribunal has adjourned the matter to July 16, expecting a resolution. This development follows reports of ongoing settlement discussions between Manipal Education and Medical Group and Byju's US lenders, aiming to resolve the complex valuation and division of Aakash's shares.

Settlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aakash Educational Services shareholding…

Happy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in todays ETtech Morning Dispatch.

Aakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement talks for the Aakash shareholding…