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Byju Raveendran gets relief as Singapore High Court stays contempt sentence

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Byju Raveendran gets relief as Singapore High Court stays contempt sentence

Byju Raveendran, founder of embattled edtech startup Byju’s, has secured temporary relief after the Singapore High Court stayed a civil contempt sentence imposed on him last month.

According to a statement issued by Paris-based law firm Lazareff Le Bars, the court granted the stay on June 10 following an application filed on Raveendran’s behalf. As a result, he is not required to surrender and no prison term will take effect while the stay remains in force. An appeal against the contempt finding has also been filed.

The statement also sought to clarify that the case relates to a civil contempt finding arising from disputed document-disclosure obligations linked to ongoing arbitration proceedings. It further claimed that reports suggesting an arrest warrant had been issued against Raveendran were incorrect.

"There is no criminal charge against Mr. Byju Raveendran in that respect," said J. Michael McNutt, Senior Litigation Advisor to Raveendran and founder of Lazareff Le Bars. He added that the contempt finding was not related to fraud, dishonesty, diversion of funds, or personal wrongdoing.

Raveendran said he would continue to contest what he described as a misleading narrative through legal channels. He also reiterated that neither he nor his family personally received any portion of the disputed funds and claimed that his family had invested over Rs 5,000 crore of personal wealth into the company.

The relief comes weeks after a Singapore court sentenced Raveendran to six months in prison for contempt of court over alleged non-compliance with disclosure-related orders. The ruling added to a growing list of legal challenges facing the Byju’s founder, whose once-$22 billion edtech firm has been battling insolvency proceedings, creditor disputes, and investor lawsuits across multiple jurisdictions.



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