Aakash Moves NCLT Against EY, Capillary’s IPO & More

Share via:


Aakash Moves NCLT Against EY India

In the latest twist in the BYJU’S saga, Aakash Educational Services has now moved the NCLT against auditor EY India over allegations of conflict of interest and breach of professional conduct. 

The Back Story: The legal battle goes back to the acquisition of Aakash by the edtech giant in 2021. The matter took a turn for the worse earlier this year when insolvency-ridden BYJU’S, via interim resolution professional Sanjay Ajmera, knocked on the NCLT’s doors to prevent a potential dilution of its stake in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Aakash Moves NCLT Against EY, Capillary’s IPO & More


Aakash Moves NCLT Against EY India

In the latest twist in the BYJU’S saga, Aakash Educational Services has now moved the NCLT against auditor EY India over allegations of conflict of interest and breach of professional conduct. 

The Back Story: The legal battle goes back to the acquisition of Aakash by the edtech giant in 2021. The matter took a turn for the worse earlier this year when insolvency-ridden BYJU’S, via interim resolution professional Sanjay Ajmera, knocked on the NCLT’s doors to prevent a potential dilution of its stake in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Early-stage VC Inflexor eyes Q2 first close of $150-million...

Early-stage venture capital firm Inflexor Ventures is eyeing...

Amazon cuts more jobs, this time in books division

Investment IdeasGrow your wealth with stock ideas &...

Infosys to give cash sops to employees taking part...

India’s second largest software major Infosys has introduced...

Popular

Upcoming Events

dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas dfas asdasd asdasd asdasd asdasd asdasd asdasd asdasd asdasd