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Singapore Court Orders Six Month Jail Term For Byju Raveendran Over Contempt
BW Online Bureau May 28, 2026Singapore court directed the Byju’s founder to surrender, pay legal costs and furnish ownership documents in a contempt case linked to disclosure proceedings amid ongoing settlement talks with lenders and investors
Singapore court has sentenced Byju Raveendran to six months in jail in a contempt matter linked to ongoing disclosure proceedings, adding to the mounting legal troubles surrounding the founder of bankrupt edtech firm Byju’s.
The court found that Raveendran failed to comply with multiple orders related to disclosure of assets and ownership documents. The court also directed him to surrender to authorities, pay legal costs of S$90,000 and furnish documents proving ownership of Beeaar Investco Pte, an entity linked to shares in a related company.
The proceedings reportedly arose from disputes involving lenders and investors, including entities connected with the Qatar Investment Authority and GLAS Trust. The legal action comes at a time when Byju’s continues to face insolvency proceedings, debt litigation and investor disputes across several jurisdictions.
Reacting to the order, Raveendran described the Singapore ruling as procedural in nature and denied allegations of fraud or dishonesty. He said the matter only concerned disagreements over document disclosure during ongoing proceedings.
“It is not a finding of fraud, dishonesty, or any wrongdoing on the merits. I have been directed to appear on 15 June and appeal options are available,” he said.
Raveendran also said settlement discussions with lenders and investors were nearing conclusion. According to him, parties including GLAS Trust and QIA reached an agreement in principle, while only a few residual issues remained between certain stakeholders regarding distribution of assets and funds.
He expressed disappointment over the continuation of proceedings during a sensitive stage of negotiations and said the matter was being portrayed in a misleading manner.
The latest order adds to a year of growing legal pressure on the Byju’s founder. In the United States, the Delaware Bankruptcy Court previously held Raveendran in civil contempt and imposed sanctions of USD 10,000 per day in connection with alleged non-compliance in proceedings related to Byju’s USD 1.2 billion term loan dispute.
Separately, QIA initiated proceedings in India to enforce a USD 235 million arbitral award against Raveendran and related entities. Think & Learn, the parent company of Byju’s, also remains under insolvency proceedings in India. Disputes involving Aakash Educational Services continue before courts and tribunals as well.
In his statement, Raveendran maintained that he acted in good faith and in the interests of employees, students and stakeholders. He also reiterated that neither he nor the other founders personally received any portion of the disputed funds.
