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Singapore Court Stays Order to Jail Byju’s Founder, Lawyer Says

Singapore Court Stays Order to Jail Byju’s Founder, Lawyer Says
Bloomberg Technology Friday 12 June 2026, 10:24 UTC By Sankalp Phartiyal, David Ramli 1 min read
Key Points

Startups Singapore Court Stays Order to Jail Byju’s Founder, Lawyer Says Singapore’s high court has granted a stay on a six-month jail term for the founder of failed Indian technology firm Byju’s, his law firm Lazareff Le Bars said. The decision marks a reprieve for an entrepreneur battling creditors in courts around the world. It followed a ruling last month that sentenced Byju Raveendran to half a year’s imprisonment for contempt and ordered him to pay costs of S$90,000 ($70,000), saying...

Startups Singapore Court Stays Order to Jail Byju’s Founder, Lawyer Says Singapore’s high court has granted a stay on a six-month jail term for the founder of failed Indian technology firm Byju’s, his law firm Lazareff Le Bars said. The decision marks a reprieve for an entrepreneur battling creditors in courts around the world. It followed a ruling last month that sentenced Byju Raveendran to half a year’s imprisonment for contempt and ordered him to pay costs of S$90,000 ($70,000), saying he disobeyed orders related to his assets dating back to 2024.
Singapore (LOCATION) Stays Order (PERSON) Jail Byju’s (PERSON) Startups Singapore Court (ORG) Indian (ORG) Byju (ORG) Lazareff Le Bars (ORG) Byju Raveendran (PERSON)
Originally published by Bloomberg Technology Read original →

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