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Aakash moves NCLT to implead EY in Byju's dispute
Business Standard
|June 04, 2025
The dispute between Aakash Educational Services (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings reviewed by Business Standard.
In an impleadment application filed on June 1, AESL has urged the tribunal to either dismiss the company petition filed by Byju's under Sections 241 and 242 of the Companies Act, alleging oppression and mismanagement, or make EY LLP and its partner Ajay Shah respondents i
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