Aakash Educational Services sends another legal notice to EY

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Coaching centre operator Aakash Educational Services has issued a second legal notice to EY and several of partners and executives at the consultancy firm, which is managing the resolution process for edtech firm Byju’s parent company, Think & Learn.

Aakash, in which Think & Learn holds a minority stake, accused EY of conflict of interest and professional misconduct. The notice alleged that the consultancy firm has been involved in its financial operations since 2021 while also working as an “exclusive financial advisor and official result…



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Aakash Educational Services sends another legal notice to EY



Coaching centre operator Aakash Educational Services has issued a second legal notice to EY and several of partners and executives at the consultancy firm, which is managing the resolution process for edtech firm Byju’s parent company, Think & Learn.

Aakash, in which Think & Learn holds a minority stake, accused EY of conflict of interest and professional misconduct. The notice alleged that the consultancy firm has been involved in its financial operations since 2021 while also working as an “exclusive financial advisor and official result…



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.

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