India, July 6 -- Coaching chain Aakash Educational Services Ltd (AESL) has sent a second legal notice to EY India, including the consultancy firm's multiple partners and employees, over alleged conflict of interest and professional misconduct.

The latest legal notice pertains to the consultancy firm acting as a financial advisor to AESL's direct rival Allen.

In a statement, Aakash alleged that EY, despite being "deeply involved" in its financial operations since 2021, also acted as the "exclusive financial advisor and official result validators" to AESL's direct competitor, Allen Career Institute.

The notice, filed via senior advocate CV Nagesh, alleges that simultaneous engagement with AESL's competitor represented an "unethical confl...