Singapore High Court Rejects Byju Raveendran’s Plea, Upholds Six-Month Jail Term in Major Setback

Singapore High Court rejected Byju Raveendran’s plea to overturn his six-month jail sentence for contempt of court.
The ruling means Raveendran risks imprisonment if he returns to Singapore, but has no immediate effect as he is not in the country.
U.S. lenders are pursuing recovery of a $1.2 billion defaulted loan from BYJU'S.
A subsidiary of the Qatar Investment Authority is pursuing legal action in Singapore related to its investment.
Raveendran maintains he did not breach any court order and will pursue all lawful remedies.
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