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US bankruptcy court penalized Riju Ravindran, Byju's brother, for undisclosed $533m location, linked to $1.2bn lender debt and Think & Learn.
US bankruptcy court imposed financial penalties on Riju Ravindran, brother of Byju's founder, for failing to disclose the location of $533m sought by lenders.
Ravindran's testimony was deemed not truthful, and he may face fines at a future hearing.
The missing funds are central to a conflict between lenders owed over $1.2bn and Think & Learn, the company behind Byju's.
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El tribunal de quiebras de Estados Unidos sancionó a Riju Ravindran, hermano de Byju, por una ubicación no revelada de 533 millones de dólares, vinculada a una deuda de prestamista de 1.200 millones de dólares y Think & Learn.