Think & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju's parent company closer to resolving a significant legal battle. The tribunal has posted the matter for August 18, awaiting final reports from parties. This proposed settlement aims to address competing claims over Aakash's ownership. The resolution could unlock value from Byju's last major asset.

Think & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju's parent company closer to resolving a…

Under the proposed arrangement, Think & Learn would get the stake in exchange for withdrawal of litigation initiated by the company and its lenders against Aakash and Manipal,…