Aakash moves NCLT to implead EY, alleges conflict in Byju’s...

Aakash moves NCLT to implead EY, alleges conflict in Byju’s petition

Posted

Aakash Educational Services Ltd (AESL) has petitioned the NCLT, Bengaluru, to dismiss Byju's petition, alleging a conflict of interest involving Ernst & Young (EY) and partner Ajay Shah. AESL claims EY's past advisory roles in challenged transactions compromise the Resolution Professional's independence. The plea includes internal communications and accusations of suppressed facts and procedural lapses.

Read Full Article

Please log in to like, share and comment!

National

England hopeful of Ben Stokes bowling on final day as Rahul-Gill partnership exposes over-reliance

MANCHESTER: England are keeping fingers crossed that their star all-rounder Ben Stokes will be...

By 0 38

National

NEA announces scheduled power cuts in Chitwan

BHARATPUR: The Nepal Electricity Authority (NEA) has announced the start of scheduled power...

By 0 39

International

Panic on Denver Airport runway: American Airlines aborts takeoff after gear malfunction; video shows passengers fleeing down slides as smoke engulfs plane

An American Airlines flight bound for Miami aborted takeoff at Denver International Airport due...

By 0 42

Entertainment

'Hari Hara Veera Mallu' sees mild weekend recovery

Pawan Kalyan's 'Hari Hara Veera Mallu' experienced a significant drop after a grand opening, but...

By 0 46

Entertainment

‘Kingdom’ trailer: Anirudh’s score elevates spy drama

Vijay Deverakonda's 'Kingdom' trailer unveils an undercover cop infiltrating his brother's crime...

By 0 46