BYJU’S Top Exec, Business Ally Held In Contempt Of US Court

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SUMMARY

BYJU’s manager Vinay Ravindra and business ally Rajendran Vellapalath refused to answer questions about their roles in seizing assets from BYJU’S US-based subsidiaries — Epic! and Tangible Play

Vellapalath’s company Voizzit Information Technology was in violation of the court order after it filed a lawsuit in India to strip BYJU’S US units out of software, cash and other assets

Last year, Raveedran’s brother, Riju Ravindran was slapped with sanctions for failing to answer questions about $533 Mn of loan proceeds that…



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BYJU’S Top Exec, Business Ally Held In Contempt Of US Court


SUMMARY

BYJU’s manager Vinay Ravindra and business ally Rajendran Vellapalath refused to answer questions about their roles in seizing assets from BYJU’S US-based subsidiaries — Epic! and Tangible Play

Vellapalath’s company Voizzit Information Technology was in violation of the court order after it filed a lawsuit in India to strip BYJU’S US units out of software, cash and other assets

Last year, Raveedran’s brother, Riju Ravindran was slapped with sanctions for failing to answer questions about $533 Mn of loan proceeds that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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