Aakash moves NCLT to implead E&Y in oppression, mismanagement case filed by Byju’s

Aakash Educational Services has filed a plea in the insolvency tribunal NCLT, seeking the dismissal of a petition submitted by edtech firm Byju’s and to implead consultancy firm E&Y, along with its partner Ajay Shah.

In its application, Aakash Educational Services has sought dismissal of the petition filed by Think and Learn, owner of Byju’s, on the grounds of vexatious litigation couched as an oppression and mismanagement litigation, which is not maintainable in the law.

Aakash Educational Services (AESL) submitted that presence of E&Y is “imperative”…