Edtech company Byju’s has clarified that recent media reports about founder Byju Raveendran failing to overturn a Singapore court order are inaccurate. The company stated that the hearing on July 9 was solely for a temporary stay application related to a civil contempt order issued on May 25, 2026, while Raveendran’s substantive appeal is pending before the Singapore Court of Appeal.
Byju’s emphasized that the High Court’s decision on July 9 was only regarding the stay application and not the appeal challenging the contempt finding. The company highlighted that reports suggesting Raveendran lost a bid to overturn the order are incorrect, as the appeal process is ongoing before the Court of Appeal.
The company also clarified that the recent order does not prevent Raveendran from returning to Singapore, contrary to some media reports. Byju’s mentioned that the dismissal of the stay application was based on timing and not on the merits of the case, emphasizing that it has no practical effect unless Raveendran chooses to enter Singapore.
Byju’s quoted J. Michael McNutt, Senior Litigation Advisor, stating that there have been no significant new developments in the matter. McNutt explained that the civil contempt issue stems from document-disclosure obligations in arbitration proceedings and does not imply any criminal wrongdoing or fraud on Raveendran’s part. The company reiterated that the matter is confined to Singapore and does not extend beyond the country’s borders.
