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    <title>SC upholds NCLAT&#039;s decision giving go-ahead to Aakash for EGM on rights issue</title>
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    <description>The tribunals dismissed Glas Trust&#039;s plea to restrain AESL&#039;s EGM for a rights issue, finding no prima facie case for an injunction and holding that the Insolvency and Bankruptcy Code does not compel unrelated companies to subordinate their independent commercial fundraising decisions to protect a corporate debtor&#039;s shareholding interests.</description>
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      <description>The tribunals dismissed Glas Trust&#039;s plea to restrain AESL&#039;s EGM for a rights issue, finding no prima facie case for an injunction and holding that the Insolvency and Bankruptcy Code does not compel unrelated companies to subordinate their independent commercial fundraising decisions to protect a corporate debtor&#039;s shareholding interests.</description>
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