Edtech firm BYJU'S has encountered a significant setback as an arbitrator has ordered the company not to sell a 6% stake in Aakash Education, amidst ongoing arbitration over a loan repayment issue with the MEMG Family Office involving loans worth $42 million. This decision comes after BYJU'S breached terms of loans, marking the latest in a series of challenges for the company, which has been facing allegations of mismanagement. The arbitration was initiated by Ranjan Pai, director of the Manipal Group, highlighting a critical development in the edtech sphere.