[ad_1]
SUMMARY
The ruling came on the back of Byju Raveendran failing to comply with discovery and court orders in the case for alleged misappropriation of $533 Mn from BYJU’S Alpha
The court ordered Raveendran to pay $533 Mn in damages for what the court determined to be fraudulent transfer of BYJU’S Alpha funds
The cofounder was also asked to pay another $540.6 Mn linked to the transfer of the debtor’s interest in Camshaft Capital Fund, a US-based hedge fund
[ad_2]
Source link
