Thursday, June 5, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World India

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

3 June 2025
in India
0 0
Aakash moves NCLT to implead EY, alleges conflict in Byju’s petition
Share on FacebookShare on Twitter



Aakash Educational Services Ltd (AESL) has approached the National Company Law Tribunal (NCLT) in Bengaluru to dismiss Byju’s petition and to include consultancy firm Ernst & Young (EY) and partner Ajay Shah in the proceedings, citing a conflict of interest due to EY’s prior advisory roles in contested transactions. AESL alleges that the Resolution Professional (RP), Shailendra Ajmera, is compromised due to his affiliation with EY and failed to disclose relevant associations. EY has refuted the allegations and stated it will defend against any legal actions, while AESL may escalate the issue to regulatory bodies.

Full Article

Tags: AakashAakash Educational Services LtdAjay ShahallegesByjusConflictErnst & YoungimpleadmovesNCLTpetition
Previous Post

Carolina Panthers behind-the-scenes NFL Draft video reveals a stunning trade that almost was

Next Post

27 Palestinians killed by Israeli fire while waiting for aid distribution, says Hamas-run Gaza health ministry | World News

Related Posts

Tears of joy: Kohli's mother gets emotional after RCB’s win; pictures go viral
India

Tears of joy: Kohli's mother gets emotional after RCB’s win; pictures go viral

by My News Wave
5 June 2025
0

Virat Kohli's long-awaited triumph in the Indian Premier League came after 18 years, as he played a crucial role in RCB's six-run victory over the opposition, contributing 43 runs in the final. The emotional moments were highlighted by his mother, Saroj Kohli, who celebrated joyfully, with pictures shared by his sister Bhawna Kohli, who reflected on the significance of the win and expressed gratitude to fans. Following the match, Kohli shared his jubilation on Instagram,...

Read more
Bengaluru stampede: From joy to horror; timeline of tragedy that claimed 11 lives
India

Bengaluru stampede: From joy to horror; timeline of tragedy that claimed 11 lives

by My News Wave
5 June 2025
0

A celebratory parade in Bengaluru for Royal Challengers Bengaluru’s IPL victory tragically resulted in a stampede outside Chinnaswamy Stadium, claiming 11 lives and injuring over 75 due to severe mismanagement and lack of planning. Announced hours in advance with no clear details, the event spiraled into chaos as over 300,000 fans surged toward the stadium, overwhelming police and leading to a fatal crush at Gate No. 7. Eyewitnesses reported confusion and panic, with officials admitting...

Read more
'I did not die, I was killed': Cry posters at funeral of honeymooner murdered in Meghalaya
India

'I did not die, I was killed': Cry posters at funeral of honeymooner murdered in Meghalaya

by My News Wave
4 June 2025
0

In Meghalaya, Raja Raghuvanshi was found murdered, prompting his family to express fears for his missing wife, Sonam, whom they suspect has been abducted. Both families criticize local police efforts, claiming they are insufficient and demand a CBI investigation. Meghalaya's CM assures that they are actively searching, while local authorities contend that challenging terrain and weather conditions are hampering rescue efforts. Full Article

Read more
Work withdrawn from Punjab judge after HC admin recommends his compulsory retirement
India

Work withdrawn from Punjab judge after HC admin recommends his compulsory retirement

by My News Wave
4 June 2025
0

In Chandigarh, judicial responsibilities have been withdrawn from Tejwinder Singh, a senior district and sessions judge in Punjab, following the Punjab and Haryana High Court administration's recommendation for his compulsory retirement. Known for his competence, Singh gained prominence for convicting six individuals in the notorious Kathua rape and murder case and has served in various judicial roles since joining the Punjab judicial services in 1991. The Punjab government will officially notify the decision regarding his...

Read more
FIR alone no ground to impound passport, says J&K HC
India

FIR alone no ground to impound passport, says J&K HC

by My News Wave
4 June 2025
0

The Jammu and Kashmir and Ladakh High Court overturned a CBI court's ruling, emphasizing that the existence of an FIR or a pending investigation alone is insufficient grounds to deny, impound, or withhold passport renewal. This decision was prompted by the seizure of a retired IAS officer's passport during a raid connected to an investigation into illegal arms licenses. The court's ruling highlights the need for more substantial evidence before restricting an individual's right to...

Read more
Bengaluru stampede: CM Siddaramaiah name-drops 'Maha Kumbh', says 'such incidents happened at many places'
India

Bengaluru stampede: CM Siddaramaiah name-drops 'Maha Kumbh', says 'such incidents happened at many places'

by My News Wave
4 June 2025
0

Karnataka Chief Minister Siddaramaiah addressed the tragic stampede in Bengaluru that resulted in 11 deaths, stating he does not wish to defend the incident but noted that similar events have occurred elsewhere, including the Kumbh Mela. He emphasized the unexpected crowd size at the event, which exceeded the stadium's capacity, and announced a 15-day magisterial inquiry. Meanwhile, the BJP criticized the Congress-led government for alleged negligence in planning and security, asserting that proper coordination could...

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Boy, 16, dies after car swerving from e-bike crashes into him in Sheffield
  • Ford remains popular, but half think Ontario is 'on the wrong track': Leger poll
  • Iranians’ World Cup dream crushed by US travel ban
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In