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Byju Raveendran Held Guilty of Contempt in US, Fined $10k Daily
July 10, 2025
|The New Indian Express Kochi
The country's US Bankruptcy Court in Delaware has reportedly held Byju's co-founder Byju Raveendran in civil contempt for failing to comply with previous court orders and it has imposed a daily sanction of $10,000, beginning July 1.
According to the order, "Raveendran shall remit to the Clerk of Court the sum of $10,000 for each day he remains in contempt of the Orders. These monetary sanctions shall begin on July 1, 2025 and, absent further Order of this Court, shall accrue each day thereafter until further order of the Court finding that the contempt has been purged."
هذه القصة من طبعة July 10, 2025 من The New Indian Express Kochi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Kochi
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