Singapore court stays six-month jail order against Byju Raveendran in contempt case

The Singapore High Court has stayed a six-month imprisonment order in a civil contempt matter against Byju Raveendran, the founder of the beleaguered edtech firm Byju’s, according to a statement by the entrepreneur on Friday.

Last month, the court ordered six months’ imprisonment for contempt of court by the edtech firm founder over alleged non-compliance with disclosure orders, but no arrest warrant was issued. The court had ordered Raveendran to surrender by June 15.