Setback for Byjus – Singapore court declines plea to stay jail term
The legal team of Byju Raveendran, founder of edtech company Byju’s, on Tuesday issued a clarification after a Bloomberg report claimed that the edtech founder had lost his bid to overturn a civil contempt order in Singapore. The legal team said those reports confused two separate legal proceedings and gave readers an incorrect impression of the case.
The clarification came after a hearing before the General Division of the Singapore High Court on July 9. According to the statement, the court did not hear or decide Raveendran’s appeal against the civil contempt order passed on May 25.
