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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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