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SUMMARY
The consortium of the troubled edtech startup’s lenders also termed the move an “attempt to distract” from facts
Glas Trust alleged that judgments exceeding $533 Mn have been entered against Raveendran’s allies, “including for their fraudulent conduct”
This comes a day after cofounders said that they were planning to take legal action to seek damages worth $2.5 Bn from “parties” which have caused damage to them “personally and their businesses”
A day after cofounders of BYJU’S
threatened to file a…
