What can be the consequences if I fail to pass a Microsoft certification exam using EY GDS' discount?

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Nothing. You can attend again. EY has partenered with Microsoft so these certifications are free. And no one has to approve this. So only the microsoft restriction on exam retake is applicable

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For other Certification, you have to get approvals. After approval if they have vouchers you can use that otherwise you have to pay initially and after clearing the exam you can reimburse it. And for other Certification from the date of clearing the certification you have to stay in EY for an year. But if you fail then you can go through the company again for certification.

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Nothing, who cares honestly

Can anyone pls let me know where to book these exams? Which portal?

Using the microsoft site. Search for the exam you want and select the microsoft link. Then click on schedule exam on Pearson vue. Register using personal mail id. After registration in exam discount section enter your EY mail id to get 100% discount

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