NCLT Bench in Bengaluru Concludes Corporate Dispute Between Think & Learn and Aakash

The Bengaluru bench of the National Company Law Tribunal (NCLT) was informed on September 23, 2026, that Think & Learn Private Limited and Aakash Educational Services Limited had resolved their corporate dispute concerning Aakash’s rights issue. The case originated when Think & Learn challenged the rights issue, alleging oppression and mismanagement. The tribunal initially refused interim relief, a decision later upheld by the NCLAT.

The proceedings focused on Think & Learn’s participation in the rights issue, which Aakash had complicated by withholding shares. This action caused Think & Learn’s recorded stake to fall to 10.99% from 25.75%. The NCLAT subsequently permitted Think & Learn to participate in the second tranche to preserve its 25.75% entitlement.