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Aakash Moves NCLT Against EY For Meddling In BYJU’s Case

  • Aakash Educational Services has moved the National Company Law Tribunal (NCLT) against EY India for alleged conflict of interest and breach of professional conduct.
  • The dispute between Aakash and BYJU’S emerged from a lawsuit filed by BYJU’S parent company Think & Learn Pvt Ltd, leading to a status quo of shareholding.
  • Aakash accused EY of aiding BYJU’S in financial forecasting, liquidity management, and decision-making processes, calling for the dismissal of BYJU’S petition or to make EY LLP and its partner respondents in the case.
  • BYJU’S Interim Resolution Professional (IRP) had raised queries about Aakash's board representation, which Aakash pointed out as conflicts of interest within EY.

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