India, May 23 -- Amid the ongoing rumblings at BYJU'S, Aakash Educational Services (AESL) has now reportedly accused EY India of conflict of interest and breach of professional conduct.

Sources told news agency PTI that AESL's legal team, in a letter on May 17, accused the auditor of acting in a dual capacity by advising both BYJU'S and Aakash, "despite being fully aware of the hostile and litigated nature of their relationship". The letter terms EY India's alleged conflict of interest as "unethical and legally untenable".

For context, BYJU'S acquired coaching chain Aakash in 2021 in a cash and stock deal. However, the failed acquisition has been marred by governance issues and a fight over the control of AESL as troubled edtech faces i...