Byju's gets a sigh of relief, NCLT refuses to defer EGM over rights issue
Thursday, 28 March 2024
The court also cited a Supreme Case judgment to conclude that since the only objective is to increase the authorised capital for the rights issue, there is no reason to pause or postpone the EGM.
The court also cited a Supreme Case judgment to conclude that since the only objective is to increase the authorised capital for the rights issue, there is no reason to pause or postpone the EGM.
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